Experienced Analyst Has Made a New Price Prediction for Bitcoin (BTC)! "BTC Will Be At Least This Year..."

Experienced crypto analyst Fred Krueger made bold predictions about Bitcoin on social media, claiming Bitcoin (BTC).

According to Krueger, the leader BTC will reach at least twice its current level within this year.

Krueger warned users who are postponing their entry into the market, stating, "Almost everyone is trying to time the market and is missing out on the game. Most of those looking for the perfect entry point never get to participate in the game."

Krueger, who acknowledged that Bitcoin could be affected by fluctuations in traditional markets like Nasdaq in the short term, argued that in the long run, the "HODL ( hold assets without selling)" strategy would be profitable. He mentioned that it might be possible to achieve better results with derivative products like options, but this would require serious timing precision.

Additionally, Krueger, who criticizes financial institutions that prefer to hold Bitcoin on their balance sheets, argued that this approach is contrary to the fundamental philosophy of Bitcoin: "If you really understood Bitcoin, you would own it directly. But everyone’s capacity is different."

Krueger criticized the banking and finance sector with harsh words, making the following comparisons: "These sectors are like dinosaurs now. They are no different from Blockbuster Video, Tower Records, or the horse-drawn carriage industry."

At the end of the explanation, he made a striking emphasis: "Right now, there are only two things you need to focus on: Bitcoin and artificial intelligence. Everything else is insignificant."