Bitcoin To Hit All-Time High Before Halving, Trader Predicts: ‘I Expect Violence’
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Published by
Benzinga
Benzinga
Seasoned Bitcoin trader and vocal advocate Fred Krueger on Monday predicted Bitcoin (CRYPTO: BTC) is poised to reclaim its all-time high of $64,800 within the next 60 days — even before the upcoming halving event. What Happened: Krueger’s bullish call comes off the back of strong interest of the “New9” institutional funds investing in Bitcoin. His confidence rests on two key pillars: waning selling pressure and surging institutional accumulation. Krueger argued that the much-feared GBTC unlock is largely behind us, with its selling pressure diminishing. On the flip side, the spot ETFs have bee…