Prominent economist predicts Bitcoin's current situation mirroring early 2024. Is it a good buying opportunity despite market concerns? Learn more.
Alex Krüger, a prominent economist, with 206,800 followers, stated in a tweet that the recent price correction of Bitcoin (BTC) closely resembles the price crash in April 2024, followed by a significant uptrend. Despite concerns about Donald Trump’s tariff policies and widespread market destruction in altcoins, Krüger believes this situation could be a good buying opportunity. He emphasized that two to four major liquidations occur annually in the market and the supercycle theory still holds, although not all old altcoins will benefit from this trend.
