Cryptocurrency analyst Fred Krueger has shared his latest Bitcoin (BTC) price prediction, suggesting that BTC could reach between $250,000 and $300,000 in the current market cycle.
Krueger summarized his observations using the Quantile Model, which shows that Bitcoin is likely to reach the 95% quantile region. If this milestone is reached in 2025, he expects Bitcoin to reach around $250,000. If the cycle extends to 2026, he believes the price could climb to $300,000.
Krueger predicts a significant pullback after the peak, predicting that Bitcoin could drop into the “Yellow zone” around $150,000. He claimed that the optimal point for users to start reducing their positions would be $200,000.
On the other hand, Bitcoin is traded at $94,000, according to data from Binance TR.
In his analysis, Krueger argued against applying Metcalfe’s Law, which ties network value to the square of the number of users, to Bitcoin. Instead, he argued that Bitcoin’s growth was not due to traditional network effects seen on platforms like Facebook or blockchains like Solana, but rather to growing belief among investors. He likened Bitcoin’s behavior to gold, stating that Bitcoin is a monetary good, a digital store of value, and a hedge against fiat currency depreciation.
In response to a follower who claimed that Bitcoin could fall to $80,000 by 2026, Krueger acknowledged the possibility, pointing to broader macroeconomic and political implications, adding that it could happen as soon as 2027, even if Trump “loses the midterm elections.”