Crypto May Explode Higher As Central Banks Plug Holes With Liquidity Surge, Says Economist Henrik Zeberg
Popular economist Henrik Zeberg believes Bitcoin (BTC) and crypto will witness a huge burst to the upside due to central bank intervention. Zeberg tells his 179,800 followers on the social media platform X that he thinks the global economy is slowing down to the point that it is transitioning from growth to contraction. While the analyst believes that a recession is in sight, he says central banks will likely step in and prop up the economy with money printing to the benefit of Bitcoin and crypto. “We are at an important inflection point in the Business Cycle. From my perspective, the Economy is NOT crashing yet – but it is rolling over! At this point, we should begin to see liquidity surge as the central banks will try to plug the holes of the economy. They will likely be short-term successful. Markets may rally strongly in the final phase. Crypto may explode higher. However, the Titanic has hit the iceberg – and liquidity will only delay the inevitable...
