Is Bitcoin’s Supercycle Still Alive? Economist Says BTC Could Be Set for a Massive Surge
Introduction
Bitcoin’s supercycle is still intact, according to economist Alex Krüger. He predicts that shorter altseasons and selective growth may be on the horizon for the cryptocurrency market. The question on everyone’s mind is: can BTC break past the $97K resistance?
Bitcoin’s Supercycle
Bitcoin’s supercycle refers to a prolonged period of growth and surge in the value of the cryptocurrency. Many experts believe that Bitcoin is currently in a supercycle, which could lead to a massive surge in its price.
However, Krüger warns that while the supercycle is still alive, investors should expect shorter altseasons and more selective growth in the coming months. This means that not all cryptocurrencies will experience the same level of growth as Bitcoin.
Potential Surge in BTC Price
With the $97K resistance looming ahead, all eyes are on Bitcoin to see if it can break past this crucial point. If Bitcoin manages to overcome this resistance, it could be set for a massive surge in price, potentially reaching new all-time highs.
How Will This Affect Me?
As a cryptocurrency investor, the potential surge in Bitcoin’s price could have a significant impact on your portfolio. If Bitcoin breaks past the $97K resistance and enters a new phase of growth, it could lead to substantial profits for investors who hold onto their BTC.
How Will This Affect the World?
The effects of Bitcoin’s potential surge on the world economy are yet to be seen. However, if Bitcoin continues to rise in value and gain mainstream acceptance, it could have far-reaching implications for the financial industry and global economy as a whole.
Conclusion
In conclusion, economist Alex Krüger believes that Bitcoin’s supercycle is still intact and that BTC could be set for a massive surge in price. With the $97K resistance in sight, all eyes are on Bitcoin to see if it can break past this crucial point and continue its upward trajectory. As a cryptocurrency investor, this potential surge could lead to significant profits, while the effects on the world economy remain to be seen.
