Macroeconomist Henrik Zeberg has issued a stark warning about Bitcoin, labeling it as the 'most extreme bubble of all time.' Zeberg predicts a severe crash following a final rally, citing negative divergences in Bitcoin's price across various timeframes as indicators of waning momentum. He suggests three potential outcomes post-peak: a drop to $16,000 in the best-case scenario, a correction to $4,000 in a medium-case, or a collapse to $150 in the worst-case scenario. Zeberg's analysis highlights a rising wedge pattern and a fifth wave in Bitcoin's long-term uptrend, typically seen at market tops. Currently, Bitcoin is trading at $110,889.
Economist Warns of Imminent Bitcoin Bubble Burst
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