World-renowned macroeconomist Henrik Zeberg issued his “final warning” to Bitcoin (BTC) investors. Zeberg, who described the current market situation as an “Everything Bubble,” summarized what will happen in the coming period as a two-stage “shock wave”: First, a massive peak, then a historic collapse. Zeberg, known for his analysis of market cycles, stated that economic indicators are sounding the alarm. The economist likened the current situation to that of the 1930s, preceding the Great Depression, saying, “We are heading towards one of the worst recessions we will see since the 1930s.” According to Zeberg, the economy is currently doing its “last dance” and the clock is approaching midnight, the moment of crisis. Zeberg, who also shared the Bitcoin predictions that investors are most curious about, painted a very optimistic picture in the short term and a pessimistic picture in the long term: Parabolic Rise: He expects Bitcoin to peak at $150,000 towards the end of the year or just before the new year. Crash Scenario: In the crisis that will follow this peak, Zeberg pointed out that Bitcoin has never seen a “real recession” before and warned that the price could fall below $10,000. Related News: BlackRock Makes Statement on Bitcoin: “Outflows Are Natural” Zeberg argued that stock markets (the S&P 500 and Nasdaq) are in a massive bubble, and that Bitcoin is highly correlated with these markets. The economist, who claimed that stock markets could experience losses exceeding 95% when the crisis begins, explained this with the metaphor of “the Titanic starting to fill with water.” The bottom 75% of the economy is struggling right now. The Titanic is filling with water, and third-class passengers are the first to see it. This will be a 'serious storm' that will not erupt on the front lines of banks like in 2008, but in the private credit system and shadow banking. Zeberg noted that this scenario is not a horror movie, but a result of macroeconomic data (leading and lagging indicators). *This is not investment advice. Continue Reading: Renowned Macroeconomist Issues “Final Warning” to Bitcoin Holders
