Bitcoin could hit $400,000 by the end of this year and soar to $600,000 by the end of 2025, according to Fred Krueger, an acclaimed investor-cum-entreprenuer with a PhD in Mathematics from Stanford. Krueger’s bold predictions are based on the Bitcoin power law model and significant Bitcoin ETF flows.
The Power Law Model and Bitcoin ETF Flows Explained
Fred Krueger, who has extensive experience on Wall Street, has gone all in on Bitcoin. Using his mathematics background, he identified that Bitcoin is following a power law, a rare statistical pattern. Krueger believes that this power law, combined with the substantial inflows into Bitcoin ETFs, could trigger a blow-off move in Bitcoin’s price.
Significant Bitcoin ETF Inflows Identified
Analysing the Total Bitcoin Spot ETF Net Inflow reveals significant trends.
At the beginning of 2024, the average inflow was around $190 million, with Bitcoin priced at approximately $40,000. By mid-March, inflows reached $1.04 billion, driving Bitcoin’s price to a peak of around $73,000. Earlier this month, the inflow touched $886.6 million, with Bitcoin priced around $70,580.
Krueger’s Predictions: A Short Analysis
Krueger’s predictions are based on these inflows and the power law model. He suggests that if the current trends continue, Bitcoin could reach $400,000 by the end of this year. Extending this trend to the end of 2025, Krueger believes Bictoin could hit $600,000.
These projections represent a blow-out move, but Krueger is confident in his analysis His extensive Wall Street experience and mathematical insight lend credibility to his predictions.
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