CandleFocus ‘X-Mas Rally Is Still On’: Economist Henrik Zeberg Says Bitcoin Set To Hit New Record High – But There’s a Catch
2024-12-20
Author: Content Editor
Economist Henrik Zeberg is optimistic about Bitcoin, stating that the anticipated "Christmas rally" is still on. He believes that Bitcoin will surpass its current record high and reach a new all-time high. However, Zeberg also warns that after reaching its peak, Bitcoin could experience an 84% plunge to approximately $16,000. He also predicts a massive rally in altcoins as Bitcoin dominance declines. Zeberg suggests that this will be the last blow-off phase before a major bear market begins.
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