The popular economist Henrik Zeberg believes that Bitcoin (BTC) and encryption will see a large rise due to the intervention of central banks.
Zeberg believes that the global economy is slowing down to 179,800 followers from social media platform X from growth to shrinkage.
Analysts think the economic downturn is being shown, but the central bank said it would develop the economy with money printing to help Bitcoin and encryption.
“We are at an important inflection point in the business cycle.
From my point of view, the economy is not broken yet. But it is falling!
At this point, when the central bank tries to block the hole of the economy, it must begin to increase liquidity.
They will succeed in the short term. The market can be strongly gathered at the final stage. Encryption can be higher.
But Titanic hit the iceberg. And liquidity will delay the inevitable. The labor market began to weaken for the next few months, and later economic downturn. ”
Economist has been calling for an explosive top rally for bitcoin and encryption, and believes that the market will witness the final leg before the economy collapses. Last month, he made the United States initial signs of contractions, and Chairman Jerome Powell suddenly believed that he would suddenly pivot and print the dollar to stimulate the economy.
He also said the stimulus would fly to the US stock market, Bitcoin and Altcoin.
At the time of writing, Bitcoin is trading for $ 84,443.
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Exemptions: The opinions expressed in Daily HODL are not investment advice. Investors must do live action before making high -risk investments in bitcoin, cryptocurrency or digital assets. Transfer and transactions are at their danger, and the loss that can occur is your responsibility. Daily HODL is not recommended to purchase or sell cryptocurrency or digital assets, and Daily HODL is not an investment advisor. Daily HODL participates in affiliate marketing.
Created image: Midjourney