Economist and trader Alex Krüger is outlining three catalysts that he believes could propel Bitcoin (BTC) to a massive rally.
Krüger tells his 211,500 followers on the social media platform X that the “upcoming Bitcoin breakout will be explosive.”
According to the economist and trader, one of the catalysts that will drive the Bitcoin rally he foresees will be the legislation currently waiting to be passed in the U.S. Congress known as the One Big Beautiful Act (OBBA). The omnibus legislation addresses some of President Trump’s election campaign promises.
The economist and trader says the accumulation of Bitcoin by companies intending to include the flagship crypto asset in their balance sheets is another catalyst that will “add fuel to the fire.”
Additionally, the economist and trader says the Federal Reserve Chair set to be appointed in 2026 to replace the current Chair Jerome Powell will be the “icing on the cake.” According to Krüger, Powell’s replacement will be a bullish catalyst over the short term.
The economist and trader further says Bitcoin’s current price action is operating in a similar environment to five years ago.
“When it comes to analogies across cycles and Bitcoin Treasury companies, June 2025 is analogous to December 2020 and the Bitcoin Grayscale trade.”
In December of 2020, Bitcoin broke above the then all-time high of around $20,000 that had been in place for three years. The rally occurred at a time when the Grayscale Bitcoin Trust (GBTC) was trading at a significant premium to the net asset value of the underlying Bitcoin amid robust institutional demand.
Bitcoin is trading at $110,210 at time of writing.
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Mark Emem
https://dailyhodl.com/2025/07/04/economist-alex-kruger-outlines-three-bullish-catalysts-for-bitcoin-says-upcoming-btc-breakout-will-be-explosive/
2025-07-04 07:04:31
