Crypto analyst Fred Krueger shared a striking scenario on the days when Bitcoin reached historical peaks.
The scenario titled "The Great Treasure Balloon" presents a fictional chronology of how Bitcoin rose to $444,000 through institutional treasures from August 2025 to August 2026, and then why it dramatically fell to $84,000.
Krueger's scenario progresses day by day as follows:
August 11, 2025: When Bitcoin was at $132,000, the Japanese company Metaplanet purchased an additional 5.445 BTC, bringing its total holdings to a symbolic 21,000 BTC. This purchase was financed by a 100 billion yen BTC-backed loan obtained from Goldman Sachs Japan and a new yield product similar to Strategy called JSTRK. By the end of the day, BTC rose to $138,000.
August 21, 2025: US-based Strategy announced that it has purchased 20,000 BTC. The funding was secured through convertible bonds and leverage on the balance sheet. BTC surpassed $150,000.
September 15, 2025: Galaxy Digital, along with companies like Riot and GameStop, joined BTC treasury strategies. ETF entries peaked. BTC: $178,000.
October 7, 2025: BTC surpassed 201,000 dollars. Strategy launched its high-yield new institutional product STRK+.
January 12, 2026: BTC reached $296,000. Metaplanet announced that it has refinanced its debts at an interest rate of 15%. JSTRK transactions in Osaka hit a record.
April 6, 2026: Bitcoin peaked at 444,000 dollars. Strategy published its report titled "Bitcoin is now the foundational currency of modern companies." At the same time, it hedged with bearish options for 3,000 BTC.
The collapse begins from here in Krueger's scenario:
April 16, 2026: Strategy sold 1,100 BTC to acquire waste management company AmeriPure. CFO: Wall Street was shaken.
May 18, 2026: Metaplanet acquired the logistics company OsakaLogix. 4,000 BTC was hedged.
June 23, 2026: Internal communications from Strategy leaked regarding the inability to make payments to STRK+ investors. BTC collateral was seized. BTC dropped to $330,000 with a 22% decrease in one day.
July 10, 2026: Metaplanet announced that it sold 6,000 BTC and shifted towards cash-generating sectors. BTC: $196,000.
August 10, 2026: A year later, Bitcoin dropped to 84,000 dollars. Strategy is under regulatory scrutiny.
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Famous Cryptocurrency Analyst Shared a Scenario Predicting Bitcoin Prices Day by Day: "First to $444,000, Then..."
Crypto analyst Fred Krueger shared a striking scenario on the days when Bitcoin reached historical peaks.
The scenario titled "The Great Treasure Balloon" presents a fictional chronology of how Bitcoin rose to $444,000 through institutional treasures from August 2025 to August 2026, and then why it dramatically fell to $84,000.
Krueger's scenario progresses day by day as follows:
The collapse begins from here in Krueger's scenario: