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Cryptocurrency expert Krueger predicts that the price of Bitcoin will go up to $10 million within the next 10 to 20 years.

Famous crypto expert Fred Krueger thinks Bitcoin might go up to $10 million in the next 20 years.

Krueger, who used to start and lead Traffic Marketplace, has explained his predictions in a detailed study that he posted on the social media platform X.

Krueger’s thoughts and study

In his research, Krueger looks at different things that will affect his predictions, like how many people are starting to use a new thing, how technology is getting better, and how this compares to other popular things like social media.

He starts by talking about how Tom Lee estimated there were about 500,000 people who own cryptocurrency in 2019, based partly on what people on “crypto Twitter” were saying. Krueger points out that there are a lot fewer people following Bitcoin on social media compared to other things, which shows that not many people are using cryptocurrency yet.

Going off of this, Krueger thinks that the number of people using Bitcoin could get a lot bigger, maybe reaching 2 billion people in the next 20 years. Comparing Bitcoin to the rapid growth of social media, he thinks Bitcoin could become popular in the same way.

The way to reach 2 billion people on the internet.

Krueger’s point relies on the fact that Bitcoin has a limited amount available and how this affects its price as more people start using it. He says that if more people start using Bitcoin, the price could go up a lot. He thinks that Bitcoin’s special features and limited supply will make more people want to use it, which will make its value go up a lot.

Krueger is sure that Bitcoin is the best cryptocurrency, and he thinks it will soon be as valuable as gold. He also believes that its value will increase a lot in the future.

Speeding up the use

Krueger believes that financial tools like spot ETFs can help make more people start using Bitcoin, especially regular investors. He thinks that Bitcoin ETFs could make it easier for lots of people to invest in cryptocurrency.

Furthermore, Krueger highlights how important technological improvements are for making Bitcoin easier to use and able to handle more transactions. This will be done through Layer 2 solutions and trustless wrapped BTC.

He says we need easier-to-use apps for regular people to use Bitcoin more, which he thinks will make Bitcoin even more popular.

Bitcoin’s path: A clear plan.

In general, Krueger’s study tells an interesting story about where Bitcoin could go in the future. It combines history, economics, and technology to explain its potential. He thinks Bitcoin will reach $10 million in 10 to 20 years because he really understands how the market works and knows a lot about cryptocurrency.

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