Economist and trader Alex Krueger is bullish on Bitcoin (BTC) even as the major crypto asset hovers around 14% below its all-time high.
In a new episode of Kroger’s Unchained podcast He says That Bitcoin has more upside potential and it is not even “remotely” close to the top of the cycle.
According to the economist and trader, the approval of spot Bitcoin exchange-traded funds (ETFs) in January of 2024 could see the crypto king stop following the usual four-year halving cycles.
“I think what happened is the introduction of ETFs and important flows, they are interconnected and make the relationship between risk and Bitcoin more sustainable. That’s why I’m not thinking about the top of the cycle…
…At the same time, Bitcoin market conditions are changing because the halving has less impact and we now have ETFs. So I’m on the super cycle side of things.
However, Krueger says a supercycle doesn’t mean we’re “just going to the top.”
“That means we have a shorter one [corrections]…As long as stocks do well and the economy does well, it may not be the same, but it usually is the same. We have smaller withdrawals that last a shorter period [periods of time]”.
Bitcoin is trading at $93,134 at the time of writing, about 10% below the 2025 high of about $102,000.
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