Market commentator Fred Krueger has outlined a bold scenario in which Bitcoin reaches this astronomical value within 90 days, driven by rising monetary instability, widespread institutional adoption, and a massive shift away from traditional markets.

Krueger’s analysis begins with the potential failure of a $200 billion Treasury auction in late July 2025, which could trigger a confidence crisis in the U.S. dollar. As the dollar weakens, Krueger expects BRICS nations, led by China and Russia, to launch a gold-backed global payment system, accelerating the decline of USD dominance and sending Bitcoin’s price soaring to $180,000.

By August, the situation could intensify, with a major U.S. pension fund potentially halting redemptions, forcing the Federal Reserve to implement yield cap controls, further devaluing the dollar. In this environment, nations like Nigeria, Turkey, and Venezuela are expected to shift foreign reserves into Bitcoin, pushing its price to $265,000.

The most explosive phase of this scenario arrives in September, when Krueger anticipates several major U.S. tech companies, including Apple, Tesla, and Google, to reveal significant Bitcoin holdings. By this point, Bitcoin’s price could climb to $460,000. Moreover, Krueger foresees the IMF announcing Bitcoin as a central part of a new global reserve basket, further boosting its value.

As the U.S. government potentially convenes a “New Bretton Woods” summit to restructure the dollar, Bitcoin could hit $600,000 by early October, while the S&P 500 could lose 50% of its value. Despite the speculative nature of Krueger’s prediction, Bitcoin’s strong fundamentals, including institutional demand and limited supply, suggest the cryptocurrency is well-positioned for significant growth.

With Bitcoin already trading at $107,000, just below its all-time high, and showing impressive gains, Krueger’s bold prediction for Bitcoin to skyrocket to $600K amid a dramatic drop in the S&P 500 may not be as far-fetched as it sounds.

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