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Popular Economist Makes Bold Prediction for Bitcoin! “BTC Won’t Fall Below This Level!”

By admin On Nov 5, 2024

As the anticipation of Donald Trump continues on the Bitcoin and cryptocurrency front, one economist claimed that Bitcoin may never fall below $60,000 again.

While Trump’s possible victory is expected to trigger a rise in BTC and altcoins, popular economist Alex Krüger made a bold prediction for BTC in his post from his x account.

Krüger claimed that Bitcoin could settle above the psychological level of $60,000 and not fall below that level again.

“Bitcoin has a 50% chance of never falling below $60,000 again.”

https://twitter.com/krugermacro/status/1853782266134094214

Apart from this, Bitfinex analysts also stated that increased volatility after the election could cause Bitcoin to reach all-time highs, while options market data and Trump’s possible victory could push Bitcoin to $80,000 before the end of 2024.

Finally, Blockstream co-founder and CEO Adam Back also predicts that Bitcoin’s bottom price could be above $40,000.

*This is not investment advice.

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