Altcoins

Economist Henrik Zeberg Says Altcoins Are Set to ‘Soar’ into a Euphoric Bull Run in a Big Way

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Economist Henrik Zeberg says the altcoin market is preparing for a parabolic ride to new highs before the global economy witnesses a recession.

Zeberg tells his 143,000 followers on social media platformBitcoin) and Ethereum (ET).

Zeberg sees TOTAL-ETH-BTC skyrocketing towards “euphoria” near the $1.83 trillion level.

“BLOW-OFF TOP isn’t finished yet!

US stocks and cryptocurrencies will rise in the final – and most speculative – phase of this economic cycle. Altseason will make the Alts fly.

Euphoria will develop!”

Source: Henrik Zeberg/X

At the time of writing TOTAL-ETH-BTC is valued at $662.75 billion.

Zeberg shares another chart that suggests that central banks such as the Federal Reserve in the United States and the European Central Bank (ECB) tend to cut rates just before a recession.

“Economic expansion in sight – or Advanced cycle and therefore recession in sight?

Let me make it easier for people who are having trouble understanding where in the business cycle we are.

On Thursday the ECB decided to cut rates on funds.

The ECB and FED will always try to cut rates late in the cycle to prevent the economy from falling into recession.

Now look at the graph.

Are we in an “advanced cycle” phase or facing a “new economic expansion”?

THINK!”

Source: Henrik Zeberg/X

This month, both the Bank of Canada (BOC) and the ECB lowered interest rates.

The Federal Reserve’s next statement on the federal funds rate is expected at the Federal Open Market Committee (FOMC) meeting on June 12. The central bank is expected to keep tariffs unchanged.

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Disclaimer: The opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that transfers and transactions are at your own risk and that any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured image: Shutterstock/svetabelaya/WindAwake



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