Bitcoin is about to make a big move, according to economist Henrik Zeberg. He predicts the cryptocurrency will climb above $78,000 this week, fueled by the recent election results.
“I’m seeing a huge move coming,” Zeberg said in a recent interview. “Bitcoin is going to do really well. We could see it hit $78,000 by Tuesday.”
But while Zeberg is bullish on Bitcoin, he’s warning that the stock market is about to crash. He believes the Dow Jones has already peaked or is close to it, and a 60% drop could be on the horizon.
“We’re seeing signs of a market top,” Zeberg said. “It could go higher, but the end is coming, and it’s coming soon.”
Zeberg is targeting a $115,000-$123,000 price range for Bitcoin, based on historical trends and technical analysis. However, he advises investors to get out of risky assets like Bitcoin and stocks before the crash hits.
This is just one economist’s opinion, and it’s important to do your own research before making any investment decisions. Remember, investing in cryptocurrencies and stocks is risky, and you could lose money.
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