Renowned mathematician Fred Krueger, a prominent figure on Wall Street, recently shared his bold predictions for the future price of Bitcoin in a video. With a PhD in Mathematics from Stanford University, Krueger utilized the Bitcoin Power Law Model and the increasing inflows of spot BTC ETFs to forecast that Bitcoin could skyrocket to $400,000 by the end of this year and an astonishing $600,000 by the end of 2025.
Despite the ambitious nature of his predictions, Krueger expressed confidence in his analysis, attributing the potential surge in Bitcoin’s price to the power law dynamics and the significant investments pouring into BTC ETFs. Anticipating a major breakthrough for Bitcoin in the current cycle, Krueger outlined his projections for the coming years.
According to Krueger, Bitcoin could hit $200,000 by the end of this year, potentially even reaching $400,000 if the trend continues. Looking ahead to 2025, he predicted that Bitcoin could reach $600,000, marking a substantial leap from the current trend line. Krueger emphasized the likelihood of Bitcoin maintaining its upward trajectory, suggesting that a price range of $500,000 to $600,000 is feasible within the next two years.
It is important to note that these projections are based on a model and should not be considered as investment advice. To explore a diverse range of cryptocurrencies, interested individuals can register on Binance exchange with a 20% commission discount. Stay updated with the latest news, analytics, and on-chain data by following our Telegram and Twitter accounts.
