Popular economist Henrik Zeberg thinks that Bitcoin (BTC) and crypto will attend a huge upward upwards due to the intervention of the Central Bank.
Zeberg tells its 179,800 subscribers on the X social media platform that the world economy slows down to the point that it goes from growth to contraction.
Although the analyst believes that a recession is in sight, he says that central banks will probably intervene and support the economy with the impression of money in favor of bitcoin and crypto.
“We are at an important inflection point in the economic cycle.
From my point of view, the economy has not yet crashed – but it turns around!
At this point, we should start to see the overvoltage of liquidity because the central banks will try to plug the holes of the economy.
They will probably succeed in the short term. The markets can rally strongly in the final phase. Crypto can explode higher.
However, the Titanic struck the iceberg – and liquidity will only delay the inevitable. The recession later as the labor market is now starting to weaken in the coming months. »»
The economist asked for a broadband rally for Bitcoin and Crypto, believing that the markets will attend a last step before the collapse of the economy. Last month, he said the United States showed early signs of a contraction, leading him to believe that the president of the Fed, Jerome Powell, will suddenly pivot and print dollars to stimulate the economy.
He also said that the revival would send the US stock market, Bitcoin and flying Altcoins.
At the time of the editorial staff, Bitcoin is negotiated at $ 84,443.
Follow us on X, Facebook and Telegram
Do not miss a beat-Subscribe to obtain alerts by e-mail delivered directly in your reception box
Check price action
Surf the daily Hodl mixture
& nbsp
Warning: Opinions expressed at Daily Hodl are not investment advice. Investors should make their reasonable diligence before making high-risk investments in bitcoin, cryptocurrency or digital assets. Please note that your transfers and trades are at your own risk and that all the losses you may undergo are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, and the Daily Hodl is an investment advisor. Please note that the Daily Hodl is participating in affiliation marketing.
Image generated: Midjourney
