The Bitcoin is a good investment, according to a well-known economist.BTCThe crypto-bull market has more room for growth.
Alex Krüger tells His 205,000 followers, on social media platform X, are upset because crypto investors feel disappointed by the fact that the current cycle is different than the previous ones in terms of duration and magnitude.
Investors should be cautious, according to the economist. He believes that crypto currency is in a supercycle.
BTC has been stuck in an area, and I believe it will eventually move higher. The supercycle is still intact.
Although it is true for Bitcoin, crypto and the entire industry (market capital ex BTC and stables are much higher), it doesn’t apply to most older alts on a consistent basis.
Should not expect an insane wave of liquidity driving all cr*p higher for an extended period of time. “Be selective.”
According to Krüger, a supercycle doesn’t mean that Bitcoin will keep going Higher without experiencing painful pullbacks.
“My definition has been playing out: BTC trades in line with equities [but with] shorter smaller drawdowns, e.g. 40% rather than 80%-90%.”
Looking at Solana, Krüger calls SOL The following are some of the ways to get in touch with us. “fastest horse,” But he warned that the altcoin will see “very heavy unlocks in the next two months,” Meaning that there is more stock about to be circulated.
Ethereum (ETH), the trader notes that the largest layer-1 protocol needs a shot in the arm to ignite bullish momentum.
“Ethereum … needs an intervention. Increased value capture from L2s (layer-2s). Plus a few more killer apps running on it.”
Turning to the broader altcoin market, Krüger says that he expects a new altseason to emerge but it will likely not be as explosive as the rallies seen in previous years.
“Expect a new alt season at some point. Shorter and smaller than prior ones. Positioning is very negative, and so is sentiment. but timing is unclear in the absence of clear catalysts. It can come out of nowhere.”
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Source: dailyhodl.com
