Economist Henrik Zeberg predicts the cryptocurrency market has substantial gains ahead, as the OTHERS/BTC chart breaks a key resistance level, indicating a bullish reversal. Zeberg expects the OTHERS/BTC ratio, currently at 0.135, to peak near 0.66. Additionally, he forecasts the BTC/gold ratio could rise 35 times from its current level of 30 in the short term. Despite Bitcoin's short-term outperformance, Zeberg anticipates gold will surpass both Bitcoin and the S&P 500 in the long run.
Henrik Zeberg Foresees Prolonged Crypto Bull Market and Gold Outperformance
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