Economist and crypto analyst Alex Krüger, who correctly predicted the “Liberation Day” market crash earlier this year, is back with a new forecast, and this time, he is turning his attention to Bitcoin (BTC) and gold.

Krüger, known for his macroeconomic insights and data-driven trading analysis, said he expects Bitcoin to “vastly outperform gold in 2026,” citing a macro environment that could favor both risk assets and hard assets alike.

“Strong view: BTC will vastly outperform gold in 2026,” Krüger wrote on X (formerly Twitter) on Oct. 17. “Screenshot this, and ping me in 14.5 months.”

Makes this the next 12 months as well as 2026, both. https://t.co/AwQdpPvpyx

— Alex Krüger (@krugermacro) October 21, 2025

Krüger followed up his post by explaining that while gold remains in a strong macro position, the same catalysts that could lift equities and Bitcoin, namely a looser Federal Reserve under a Trump-led administration, would also support gold prices.

“Normally I’d be calling the current move in gold the end of a parabolic move,” he said. “But fundamentals for gold have not turned. The same catalyst that would propel equities and Bitcoin higher in 2026 (Trump’s Fed) would benefit gold. Dips are thus for buying.”

The economist still believes Bitcoin will have the upper hand, thanks to growing institutional inflows, improving liquidity, and increasing acceptance of digital assets in traditional finance.

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Krüger’s market calls have drawn attention for their accuracy this year. In April, he warned that Trump’s “Liberation Day” tariffs could trigger a sharp selloff, calling the event “10x more important than any FOMC meeting.”

Within days, equities and crypto markets both fell sharply, validating his warning.

At press time, Bitcoin is trading near $109,800, up approximately 1.8% in the past 24 hours. Gold is around $4,160 per ounce, up 2.4% on the week as investors position ahead of renewed rate-cut expectations.

This story was originally reported by TheStreet on Oct 23, 2025, where it first appeared in the Trading News & Analysis section. Add TheStreet as a Preferred Source by clicking here.