Expert Predicts Historic Collapse Following Short-Term Peak
World-renowned macroeconomist Henrik Zeberg has issued his "final warning" to Bitcoin (BTC) investors, describing the current market situation as an "Everything Bubble." Zeberg anticipates a two-stage "shock wave" in the coming period: first, a massive peak, followed by a historic collapse.
Zeberg, recognized for his analysis of market cycles, indicated that economic indicators are signaling an alarm. He drew parallels between the current economic climate and the period preceding the Great Depression in the 1930s, stating, "We are heading towards one of the worst recessions we will see since the 1930s."
According to Zeberg, the economy is currently engaged in its "last dance," and the moment of crisis is rapidly approaching.
Bitcoin Price Predictions: Short-Term Optimism, Long-Term Pessimism
Zeberg shared his predictions for Bitcoin, painting a starkly contrasting picture for the short and long term. He expressed significant optimism for the immediate future while projecting a pessimistic outlook for the longer term.
- •Parabolic Rise: He forecasts Bitcoin to reach a peak of $150,000 towards the end of the year or just before the new year.
- •Crash Scenario: In the ensuing crisis following this peak, Zeberg warned that Bitcoin has never experienced a "real recession" before. He cautioned that the price could potentially fall below $10,000.
Correlation with Stock Markets and the "Titanic" Metaphor
Zeberg asserted that stock markets, specifically the S&P 500 and Nasdaq, are currently within a massive bubble. He highlighted Bitcoin's strong correlation with these markets, suggesting that Bitcoin's fate is closely tied to their performance. The economist posited that stock markets could face losses exceeding 95% once the crisis fully unfolds. He illustrated this potential downturn using the metaphor of the "Titanic starting to fill with water."
He elaborated on this metaphor, stating that the bottom 75% of the economy is already experiencing difficulties. Zeberg explained that the crisis will not erupt from the front lines of major banks, as seen in 2008, but rather within the private credit system and shadow banking.
Zeberg emphasized that this projected scenario is not speculative but a direct consequence of macroeconomic data, including leading and lagging indicators.