Cryptocurrency analyst Fred Kruger shares the latest Bitcoin (BTC) price forecast, suggesting that BTC can reach $250,000-$300,000 in the current market cycle.
Krueger summed up his observations using a quantile model. This indicates that Bitcoin is likely to reach the 95% quantile region. If he reaches this milestone in 2025, he expects Bitcoin to reach around $250,000. If the cycle is extended to 2026, he believes the price could rise to $300,000.
Kruger predicts a major pullback after the peak, predicting that Bitcoin could fall to around $150,000 in the “yellow zone.” He argued that the best point for users to start reducing positions would be $200,000.
Meanwhile, according to Binance Tr data, Bitcoin is trading at $94,000.
In his analysis, Kruger opposed the application of Metcalfe's laws that link the value of a network to Bitcoin in the square of user numbers. Instead, he argued that Bitcoin's growth was due to growing belief among investors rather than the traditional network effects seen on platforms like Facebook or blockchains like Solana. He compared Bitcoin's actions to gold, saying that Bitcoin is a financial good, a valuable digital repository and a hedge against Fiat currency depreciation.
In response to followers who claimed that Bitcoin could fall to $80,000 by 2026, Kruger acknowledged the possibility, referring to the broader macroeconomic and political meaning, adding that Trump “losing the midterm elections could happen soon in 2027.”
*This is not investment advice.