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Economist Alex Krüger Says Bitcoin (BTC) on the Edge of a Breakout With Room To Run – Here’s His Target

July 4 (Cointime) - According to economist and crypto analyst Alex Krüger, Bitcoin could experience strong rallies in the near future. Krüger highlights the significance of the BlackRock spot BTC exchange-traded fund (ETF) application and notes that Bitcoin has a liquidity air pocket between $31,000 and $37,000.

If BTC convincingly enters that range, Krüger believes a dramatic rally could occur. Krüger also predicts that Bitcoin will start moving more in sync with other assets like equities, despite experiencing temporary decorrelation due to regulatory pressure.

Bitcoin Bitcoin $91,274.63
-3.78%
Bitcoin BlackRock
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