CandleFocus Economist Henrik Zeberg Says ‘Big Push’ Into Altcoins Now Underway Amid Macro Shift
2025-01-03
Author: Content Editor
Economist Henrik Zeberg believes that altcoins are poised for a bullish run in the crypto market. He bases this on the outperformance of altcoins compared to Bitcoin's dominance level. Zeberg uses the Elliott Wave theory to forecast a significant increase in altcoin prices. He also predicts a blow-off top for the overall market, citing a survey that shows consumer optimism as a bearish signal. Additionally, Zeberg suggests that there will not be an economic "soft landing," pointing to high credit card defaults in the US.
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