Close economists think that Bitcoin (BTC) and encryption are accustomed to the conditions for policy makers to reverse the money printer.
Henrik Zeberg quotes data from the Atlanta Federal Reserve Bank and says that the US GDP is expected to increase 1.5% in the first quarter of 2025 to 175,200 followers in social media platform X.
According to Zeberg, the contraction may start printing the US dollar to suddenly pivot and strengthen the economy.
“But…. Economy is a strong and correct pow.
The economy is not strong -it has established the worst economic downturn and bear market since 1929.
But the first Blow -off top as liquidity will be flushed now. ”
Zeberg says that Bitcoin is a measure that the recent collapse of $ 78,000 is needed to wipe off excessive leverage to make the BTC rise more sustainable.
“Fear in Crypto-Land is dominant. The BTC has rapidly reduced to $ 78,000. It has surpassed the simple simple moving average.
This is a healthy test area in a larger bull market.
In fact, this updated knowledge of the structure of the BTC seems to be a powerful reversal in the BTC settings. ”
At the time of writing, Bitcoin rose by $ 92,597 to almost 9% a day.
Zeberg added that stocks and altcoins will also witness the highest rally. But he warns that the recession is waiting for the wings.
“Unpopular perspective:
1. BTC is trying to surge.
2. NASDAQ and S & P500 will be strongly rally.
3. I am going to start an amazing Altseason.
The above constitutes the top of the Blowoff.
The recession will come later. ”
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Created image: Midjourney