Market expert Fred Krueger recently shared a bold forecast for Bitcoin (BTC), predicting a dramatic price surge that could see the cryptocurrency reach as high as $600,000 within the next 90 days, following its recent all-time high. His analysis, posted on social media platform X (formerly Twitter), outlines a detailed scenario that hinges on a series of significant economic events.
Is Bitcoin Set For An Explosive Growth?
Krueger’s forecast begins on July 21, 2025, with Bitcoin starting at $150,000. He anticipates a staggering escalation in price, driven by various macroeconomic factors.
Notably, he predicts that the US dollar will experience a steep decline, dropping from a value of 96 to 68 on the Dollar Index (DXY). This collapse, he argues, will create an environment conducive to Bitcoin’s rise as investors seek alternative stores of value.
As the forecast unfolds over several phases, Krueger highlights critical events that he believes will catalyze Bitcoin’s ascent. In the initial phase, which he calls “The Breach,” a $200 billion Treasury auction fails to attract buyers, prompting the Federal Reserve to hint at “extraordinary measures.”
Following this, the analyst believes that the cryptocurrency could see a quick jump from $158,000 to $165,000 within 24 hours, with gold prices also reflecting bullish sentiment.
‘The Crack-Up Boom’
Moving into the second phase, dubbed “The Crack-Up Boom,” Krueger forecasts that a major US pension fund will announce its inability to meet redemption requests, further destabilizing the financial landscape.
In response, the Federal Reserve (Fed) may implement Yield Curve Control, capping the 10-year Treasury yield at 6.5%. This move, combined with a weakening dollar, could push Bitcoin’s price to around $215,000 as gold rises to $5,800.
As the scenario progresses, Krueger anticipates that several countries, including Germany, will begin backing their currencies with gold reserves and Bitcoin. He predicts that this shift will attract significant interest in Bitcoin, culminating in a price surge to $265,000.
In the later phases of his forecast, Krueger envisions a transformative moment for BTC, where major corporations like Apple and Google adopt BTC for their accounting practices. This shift could further solidify Bitcoin’s status in the financial ecosystem, driving its price up to $460,000.
As the scenario reaches its climax, Krueger predicts an emergency “New Bretton Woods” summit in Geneva, where the dollar will be restructured to be partially backed by Bitcoin and gold. This unprecedented move could see Bitcoin touch the staggering figure of $600,000, with gold reaching $10,400.
When writing, BTC trades at $109,289 slightly retracing from its new record of $11,800 reached earlier this week.
Featured image from DALL-E, chart from TradingView.com