The popular economist Henrik Zeberg believes that Bitcoin (BTC) and Crypto will witness the top of the central bank’s intervention.
Zeberg tells His 179,800 followers on the social media platform X that he thinks the global economy slows down to the point that it switches from growth to contraction.
Although the analyst is of the opinion that a recession is in sight, he says that central banks will probably penetrate the economy and print money for the benefit of Bitcoin and Crypto.
“We have an important bending point in the business cycle.
From my perspective, the economy does not yet crash – but it rolls around!
At this point we must start to see the liquidity thrust, because the central banks will try to connect the gaps of the economy.
They will probably be successful in the short term. Markets can gather strongly in the final phase. Crypto can explode higher.
However, the Titanic has hit the iceberg – and the liquidity will only delay the inevitable. The recession later when the labor market is now starting to weaken in the coming months. “
The economist calls for a blow-off top rally for Bitcoin and Crypto, in the conviction that the markets will see a last leg before the economy collapses. Last month he said that the US showed early signs of a contraction, so he believed that FED chairman Jerome will play Powell abruptly and print dollars to stimulate the economy.
He also said that the incentive will send the US stock market, Bitcoin and Altcoins.
At the time of writing, Bitcoin acts for $ 84,443.
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