Bitcoin To Hit $600,000 By October? This Wild Scenario Could Make It Happen
In a bold forecast, crypto veteran Fred Krueger has outlined a 90-day macroeconomic chain reaction beginning July 21 that would propel Bitcoin (CRYPTO: BTC) from $150,000 to $600,000 in a compressed timeline.
What Happened: In his detailed X post on May 20, Krueger breaks the rise into five accelerating phases, each driven by escalating global crises and institutional shifts toward Bitcoin as a monetary hedge.
Phase 1: Confidence in the Dollar Cracks
The catalyst is a failed $200 billion U.S. Treasury auction, shattering market trust. In this scenario, headlines warn of “no buyers,” forcing the Fed to hint at extraordinary interventions.
Simultaneously, BRICS nations unveil a gold- and BTC-based payment system, igniting a rush into hard assets. Within days Bitcoin spikes to $180,000 and Gold rallies to $4,700.
Phase 2: Monetary Panic …
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