Sunday, June 29, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

Economist Alex Krüger Goes ‘Max Long’ on Crypto Positions – Here Are His Altcoin Picks

May 3, 2024
in Altcoin
Reading Time: 2 mins read
0 0
A A
0
Home Altcoin
Share on FacebookShare on TwitterShare on E Mail


Well-liked dealer and economist Alex Krüger says he’s presently “max lengthy” on the crypto market.

Krüger tells his 173,800 followers on the social media platform X that he’s hedged and unhedged a number of occasions however he’s now max lengthy in “very concentrated positions.”

The economist notes that he’s seeking to “de-risk” quickly. Nevertheless, he acknowledges that Bitcoin (BTC) might drop as little as $52,000 after plunging beneath $59,000. BTC is buying and selling at $57,093 at time of writing and is down greater than 4.5% previously 24 hours.

Explains Krüger,

“I’m not proof against bear raids. My larger image view has not modified: new ATHs later within the 12 months (for Bitcoin). Finish-of-cycle views make little sense to me. A correction was to be anticipated.” 

The economist additionally notes that he has positions within the layer-1 blockchains Solana (SOL), Toncoin (TON), Aptos (APT) and Core (CORE), in addition to the decentralized knowledge storage protocol Arweave (AR) and Bittensor (TAO), a decentralized blockchain platform that focuses on machine studying and AI.

Krüger provides that APT, CORE, AR and TAO are “a lot larger danger” than SOL and TON.

The economist additionally notes that Bitcoin had a bearish response to Wednesday’s U.S. Federal Open Market Committee (FOMC) assertion.

“Very uncommon for value to reverse in full proper after the press convention is over. And bearish, because the FOMC was dovish. And now you have got trapped intraday longs. The one silver lining is BTC is buying and selling according to equities.”

Do not Miss a Beat – Subscribe to get e mail alerts delivered on to your inbox

Test Value Motion

Comply with us on X, Fb and Telegram

Surf The Each day Hodl Combine

&nbsp

Disclaimer: Opinions expressed at The Each day Hodl aren’t funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual danger, and any losses you might incur are your accountability. The Each day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Each day Hodl an funding advisor. Please observe that The Each day Hodl participates in affiliate internet marketing.

Generated Picture: Midjourney



Source link

Tags: AlexAltcoincryptoEconomistKrügerLongMaxpicksPositions
Previous Post

Saylor predicts SEC will designate Ethereum as a security and deny spot ETF applications this summer

Next Post

Otherside Teams Up with Improbable for Major Metaverse Upgrade

Related Posts

Google’s Doppl Turns Clothing Photos Into Virtual Try-Ons
Altcoin

Google’s Doppl Turns Clothing Photos Into Virtual Try-Ons

June 28, 2025
Financial Giant JPMorgan To Launch USD-Backed Deposit Token on Base As Coinbase’s Layer-2 Scaler Rolls Out Support for Cardano and Litecoin
Altcoin

Financial Giant JPMorgan To Launch USD-Backed Deposit Token on Base As Coinbase’s Layer-2 Scaler Rolls Out Support for Cardano and Litecoin

June 27, 2025
XRP’s Price Dips As Judge Shoots Down Joint Bid From Ripple and the SEC To Reduce the Company’s Previously Ordered Fine
Altcoin

XRP’s Price Dips As Judge Shoots Down Joint Bid From Ripple and the SEC To Reduce the Company’s Previously Ordered Fine

June 28, 2025
Bit Digital’s Shift Triggers Market Slide
Altcoin

Bit Digital’s Shift Triggers Market Slide

June 27, 2025
Ledger Retires Nano S Support After Nearly a Decade
Altcoin

Ledger Retires Nano S Support After Nearly a Decade

June 26, 2025
Altcoins Could Ignite ‘Major Pump’ if These Two Things Happen, According to Analyst Kevin Svenson
Altcoin

Altcoins Could Ignite ‘Major Pump’ if These Two Things Happen, According to Analyst Kevin Svenson

June 26, 2025
Next Post
Otherside Teams Up with Improbable for Major Metaverse Upgrade

Otherside Teams Up with Improbable for Major Metaverse Upgrade

N2T - AI Meets Blockchain Brilliance

Bitcoin Price Recovery Could Face Many Hurdles Near $60K, Here’s Why

Bitcoin Price Recovery Could Face Many Hurdles Near $60K, Here’s Why

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In