Prominent Macroeconomist Gives "Last Alert" to Bitcoin Investors
Final Warning to Bitcoin Investors: Macroeconomist Henrik Zeberg issued a dire warning about Bitcoin, predicting a two-stage "shock wave" consisting of a peak followed by a significant collapse, likening the current market to the pre-Great Depression era.
Short-term Optimism vs. Long-term Pessimism: Zeberg forecasts a potential Bitcoin peak at $150,000 by year-end, but warns that it could plummet below $10,000 during an impending recession, which he believes Bitcoin has never experienced before.
Stock Market Correlation: He emphasized that Bitcoin is highly correlated with stock markets, which he claims are in a massive bubble, predicting losses of over 95% for indices like the S&P 500 and Nasdaq when the crisis hits.
Economic Struggles and Impending Crisis: Zeberg described the current economic situation as a "serious storm" affecting the bottom 75% of the economy, suggesting that the crisis will emerge from the private credit system rather than traditional banking fronts.
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