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Bitcoin maximalist predicts $100k for BTC in April, but…

Bitcoin [BTC] has maintained a double-digit rally since Q4 2023. The leading cryptocurrency by market cap was up 56.8% in Q4 2023. In the current quarter, Q1 2024, BTC posted +60% at the time of writing based on data from TradingView.

Commenting on BTC’s sustained rally, Fred Krueger, a serial tech investor, former Wall Street trader and Bitcoin maximalist, noted that;

“Bitcoin’s risk-reward ratio is the best it’s ever been.”

On BTC price prospects before and after the halving event, Krueger stated that the asset could hit $90K – $100K by April.

So, the near-term estimated target is around $100K. For long-term prospects, the investor expects $200k – $1M by the next halving cycle at the end of 2028.