Bitcoin still has more upside potential, according to Fred Krueger. But Ethereum ETF and Real-World Asset narrative could pose a real threat.
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.
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.
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