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Bitcoin could be on a long-term path toward $1 million, according to mathematician and investor Fred Krueger, who argues that structural forces rather than short-term market cycles will determine its trajectory.

Bitcoin price today trades near $87,706 after bouncing from the lower Bollinger Band and ascending trendline support. The recovery comes with massive spot accumulation, but the broader macro picture shows precious metals dramatically outperforming crypto as capital seeks safety.

Bitcoin price today trades near $95,600, struggling to recover after a decisive break below the multi-month trendline that guided the 2025 structure. The slide follows a severe deterioration in flows, with more than $1.15 billion in outflows recorded yesterday, the largest single-day exit of the year.