Bitcoin (BTCUSD)

[ap17]

BITCOIN CYCLE PREDICTIONS 📈
Bitcoin could reach as high as $600,000 this cycle.

That’s just one of the latest predictions out from Fred Krueger.

Fred Krueger
Fred Krueger is an extremely successful entrepreneur & investor.

On top of that, he has PHD in mathematics from Stanford.

(he’s a pretty smart guy)

In his latest video, Krueger discussed the Bitcoin Power Law Model.

The Bitcoin Power Law model (in a nutshell) is a pricing model that was discovered by an Italian astrophysicist, Giovanni Santostassi.

In 2019, Giovanni discovered that by plotting Bitcoin’s price & time in log scale, you see a very clear relationship:

powerlaw
It’s worth pointing out that power laws are extremely rare…

By using this model, Fred made some price predictions for this cycle.

Here’s what Fred sees happening this year:

“Theoretically by the end of this year we should be closer to $100,000 maybe $90,000 in terms of the trend line. But we could go up two standard deviations above that. That would roughly take us to $200,000 or even exceptionally to $400,000 this year.”


Fred Krueger
Here’s what the model predicts will happen in 2025:

“Going out one more year we could be at $140,000 trend line. And if we go one or two standard deviations above that we could get to $600,000 that would be on a blowout move.”


Fred Krueger
Fred believes we will have a blowout move this cycle.

And that lines up with Willy Woo’s analysis that we broke down yesterday.

Fred also explains where he personally believes Bitcoin will top out this cycle:

“I think we could really see a high of around $500,000 to $600,000 this cycle… I think it’s pretty unlikely that we go down much from here over the next two years. And I think it’s pretty likely that we at least double over the next two years.”


Fred Krueger
Remember, these predictions are based on the model.

And so far that model has been pretty accurate…

The Power Law Model is quite complex, and if you’d like to learn more about it checkout our recent interview with Fred Krueger himself.

It’s a banger.