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BitcoinSistemi 2025-01-28 06:20:08

Analyst Challenged Those Who Say “Bitcoin Will Fall to $ 70,000”: Reveals 7 Different Reasons

Analyst Challenged Those Who Say “Bitcoin Will Fall to $ 70,000”: Reveals 7 Different Reasons

Cryptocurrency analyst Fred Krueger has spoken out against the latest wave of bearish predictions surrounding the Bitcoin price, calling out figures like Josh Mandel and Arthur Hayes. In a recent statement, Krueger outlined several key factors that he believes will push Bitcoin's price upwards in the near future. According to Krueger, a number of key events are expected to take place this year that will support the digital asset market: Digital Asset Reserve: Krueger envisions the establishment of some form of Digital Asset Reserve, a move that could strengthen the legitimacy and adoption of cryptocurrencies globally. Tax Cuts: It envisions a tax cut that could ease the financial burden on investors and further encourage crypto adoption. Crypto Capital Gains: Krueger predicts that crypto capital gains could even approach zero, providing a more favorable tax environment for crypto investors. Related News: US Crypto Czar David Sacks Speaks Out About The Latest “DeepSeek” Crisis Lower Interest Rates: As global interest rates trend lower, Krueger sees an opportunity for the broader financial system to favor risk assets, including Bitcoin. Quantitative Easing: Krueger suggests that the Fed will continue its role in fueling economic activity, providing potential support for Bitcoin as a hedge against inflation. MicroStrategy’s Bitcoin Purchases: Pointing to MicroStrategy’s ongoing large-scale Bitcoin purchases, Krueger notes that this indicates institutional confidence in the asset. BlackRock's Bitcoin Investments: Krueger also believes that BlackRock, one of the world's largest asset managers, will significantly increase its Bitcoin holdings. *This is not investment advice. Continue Reading: Analyst Challenged Those Who Say “Bitcoin Will Fall to $ 70,000”: Reveals 7 Different Reasons

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