Fred Krueger: Bitcoin can be held directly and moved easily

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Fred Krueger: Bitcoin can be held directly and moved easily — Bitcoin described as bearer asset, flexible

Fred Krueger, Fred Krueger, described Bitcoin as a bearer asset that can be directly held and transferred at any time. He noted that the network effects of Bitcoin provide a reasonable expectation that its value remains stable or may increase significantly over a span of years. Krueger called this an amazing use case for the cryptocurrency.

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Krueger has previously outlined potential scenarios for Bitcoin’s price trajectory. In an earlier note, he predicted that a $20 billion purchase by Strategy could drive BTC to $135,000, with the possibility of reaching $250,000 in a bull market (read more). He also commented on Bitcoin’s decline to $83,100 following a 3.6% drop amid strong seller pressure (more details).

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