Henrik Zeberg predicts Bitcoin and crypto could surge as central banks inject liquidity into a slowing economy, which may delay an impending recession but ultimately not prevent it. Currently, Bitcoin trades at $84,443. The article stresses the importance of personal due diligence for investors.
Economist Henrik Zeberg anticipates a significant upward movement in Bitcoin (BTC) and the broader cryptocurrency market, driven by central bank fiscal interventions. He shares his insights on social media platform X, asserting that the global economy is experiencing a slowdown, transitioning from growth to contraction, which may lead to a recession.
Zeberg asserts that, while the economy has not yet crashed, it is at a crucial turning point. He believes that as central banks respond to the economic downturn by increasing liquidity, a short-term market rally is likely. This liquidity injection might provide a temporary boost to the markets, including Bitcoin and other cryptocurrencies. However, he warns that this surge is merely delaying an inevitable recession as labour market weaknesses emerge in the upcoming months.
Furthermore, Zeberg predicts a final rally for Bitcoin, citing signs of contraction in the US economy and suggesting that Federal Reserve Chair Jerome Powell will pivot towards dollar printing for economic stimulation. He asserts that such measures will benefit traditional markets as well.
Currently, Bitcoin is trading at $84,443. Investors are encouraged to remain informed by following updates on relevant platforms, including X, Facebook, and Telegram. The article concludes with a disclaimer, indicating that the opinions presented are not investment advice, and investors should conduct proper due diligence before making any financial commitments regarding cryptocurrencies.
