Bitcoin Estimation from Famous Mathematician: Hundreds of Thousands of Dollars!

The price of Bitcoin has fluctuated greatly in recent years. However, according to famous investor and entrepreneur Fred Krueger, the value of Bitcoin will rise to $ 400,000 by the end of 2024. Moreover, it will rise up to $600,000 by the end of 2025. Krueger, who has a PhD in Mathematics from Stanford University, bases this prediction on Bitcoin’s power law model and significant increases in Bitcoin ETF flows. Here is Krueger’s Bitcoin prediction

Krueger’s Bitcoin assumption attracted attention

Fred Krueger is a name known for his extensive experience on Wall Street. Using his mathematical background, he found that Bitcoin fits the power clause, a rare statistical pattern. Krueger points to this power law model as well as the huge interest and flows into Bitcoin ETFs. He believes this could cause a dramatic increase in Bitcoin’s price.

Analyzing Bitcoin spot ETF net inflows, Krueger identified remarkable trends. At the beginning of 2024, the average entry size was around $190 million and the price of Bitcoin was around $40,000. In mid-March, inflows skyrocketed to $1.04 billion and Bitcoin’s price rose as high as $73,000. Earlier this month, inflows reached $886.6 million and the price of Bitcoin hovered around $70,580.

There are data-based claims

Krueger’s projections are based on these flows and the power law model. If current trends continue, Krueger suggests Bitcoin could reach $400,000 by the end of 2024. He thinks that if this trend continues until the end of 2025, Bitcoin can rise to $600,000. Although these predictions seem controversial, Krueger stands by his analysis. His extensive experience on Wall Street and his mathematical knowledge lend valuable credibility to his assumptions.

Krueger notes that the power law model is a historically rare statistical pattern. He also emphasizes that Bitcoin follows this pattern. Interest in Bitcoin ETFs shows that crypto is increasingly being adopted by institutional investors. Such large flows could lead to significant movements in the market and support Krueger’s predictions.

Power law model

The power law model is a pattern often observed in nature and economic systems. It also states that the ratio of one variable to another increases steadily. Krueger notes that Bitcoin’s price movements follow this pattern. For this reason, he suggests that future price claims can be made based on this model. Krueger’s predictions give valuable clues about the future of cryptocurrency markets.

Bitcoin’s adoption by institutional investors and the increase in ETF flows indicate that the market is maturing. This maturation process could cause large swings in Bitcoin’s price and support the dramatic increases that Krueger predicts. As a result, Fred Krueger’s Bitcoin price predictions are based on both mathematical modeling and market dynamics. Cryptocurrency investors and analysts should follow these predictions closely. In addition, strategies for Bitcoin’s future price movements should be shaped accordingly.