Stanford PhD Holder Predicts Bitcoin ATH This Week
Notably, Bitcoin’s price action over the past week showed signs of short-term weakness, dropping from just under $110,000 to a low near $103,000. It later saw a slight recovery to around $105,000. Amid this pullback, industry watchers have laid out bold forecasts for Bitcoin’s medium and long-term trajectories.
Fred Krueger Outlines Speculative Timeline
Amid the market downturn, Fred Krueger, a prominent mathematician and analyst who holds a Standford PhD, maintained an assertive stance on Bitcoin’s outlook. On X, where he holds over 163,000 followers, he predicted that Bitcoin could reach an all-time high within the week.
This followed his earlier April estimate that placed a 77% probability on Bitcoin reaching a new ATH in 2025.
Recall, Krueger previously detailed a speculative projection titled “The Final Run,” which he believes could drive Bitcoin toward a $600,000 valuation. According to his outline, the scenario begins on July 21, 2025, with a $200 billion U.S.
This, he suggests, would spark a broader confidence crisis in the U.S. dollar. Following this, BRICS nations are expected to introduce a payment system settled in Bitcoin and gold. By August, countries such as Nigeria, Turkey, and Venezuela could reportedly shift a portion of their foreign reserves into Bitcoin.
Krueger further anticipates that treasury yields may surge above 8.5% in September, coinciding with a projected 35% collapse in the U.S. real estate prices within a three-week period.
During this phase, major tech companies are also expected to integrate Bitcoin into their financial systems. All events, according to his scenario, culminate in an October summit modeled after Bretton Woods, where the U.S. could propose a partial Bitcoin and gold backing for the dollar.
Bitcoin Hits a Record Close:
While Krueger’s roadmap remains speculative, Bitcoin recently recorded its highest monthly close at $104,591. This price milestone signals increased institutional and retail interest.