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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Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC). As of , Bitcoin (BTC) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 59916.827 | 64072.664 | 67688.327 | 71844.164 | 75459.827 | 79615.664 | 83231.327 |
| Fibonacci | 64072.664 | 67041.377 | 68875.451 | 71844.164 | 74812.877 | 76646.951 | 79615.664 |
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