Shiba

Cardano

Dogecoin

Shiba Inu

<p>The post <a href="https://coinpedia.org/news/top-trader-henrik-zeberg-braces-for-cryptos-potential-historic-crash-echoing-1929/">Brace for a Historic 1929-Like Market Crash Soon: Henrik Zeberg Sounds Alarm</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Henrik Zeberg, a prominent trader, is raising red flags about what he perceives as the most significant <a href="https://coinpedia.org/news/why-is-the-crypto-market-up-today-5/">financial crash</a> since the infamous 1929 meltdown. As 2024-2025 looms, Zeberg’s consistent cautionary messages are causing waves in financial circles.</p> 
<p>But wait! All hope may not be lost. Read on to discover his warnings and more.</p> 
<h2 class="wp-block-heading" id="h-seeking-a-silver-lining">Seeking a Silver Lining</h2> 
<p>In a surprising twist, amid his bearish predictions, Zeberg anticipates soaring highs for the S&amp;P 500 and Nasdaq. This unexpected optimism, forecasting a sharp uptick before the market’s anticipated plunge, suggests an intriguing shift from pessimism to bullish enthusiasm.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">From January 2023…..<br><br>Remember??<br><br>Now I say that <a href="https://twitter.com/hashtag/BlowOffTop?src=hash&amp;ref_src=twsrc%5Etfw">#BlowOffTop</a> will peak in an extreme top in 2024 and the <a href="https://twitter.com/hashtag/GreatDeflationaryBust?src=hash&amp;ref_src=twsrc%5Etfw">#GreatDeflationaryBust</a> will begin.<br><br>Bulls will get crushed!<br><br>Sign up to TheZebergReport here: <a href="https://t.co/X89WATRfun">https://t.co/X89WATRfun</a> <a href="https://t.co/xnNVNulgbh">https://t.co/xnNVNulgbh</a></p>— Henrik Zeberg (@HenrikZeberg) <a href="https://twitter.com/HenrikZeberg/status/1737964272674832635?ref_src=twsrc%5Etfw">December 21, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<h2 class="wp-block-heading" id="h-understanding-zeberg-s-concerns">Understanding Zeberg’s Concerns</h2> 
<p>Drawing from an exhaustive analysis of key <a href="https://coinpedia.org/price-analysis/the-best-time-to-buy-altcoins-is-now-analyst-michael-van-de-poppe-predicts-q1-2024-crypto-boom/">economic markers</a> such as U.S. unemployment figures, the NAHB Housing Market Index, and prevailing stock market trajectories, Zeberg’s apprehensions are deepened by drawing parallels with the pre-1929 crash era. Additionally, unfolding events are casting shadows on the crypto landscape.</p> 
<p>For instance, Argentina’s foreign affairs minister announced a groundbreaking economic decree permitting Bitcoin settlements. Meanwhile, in the British Virgin Islands, a court action seized assets linked to 3AC’s founders. Moreover, the sentencing appeal for ex-FTX CEO Sam Bankman-Fried was dismissed.</p> 
<p>Also Read: <a href="https://coinpedia.org/news/top-performers-of-2023-solana-helium-avalanche-and-stacks-lead-the-crypto-charge/">Top Crypto Performers of 2023 REVEALED (It’s Not What You Think!)</a></p> 
<p><strong>The tipping point is approaching!</strong></p> 
<p>Adding gravitas to his forecasts, Zeberg speaks of a critical juncture dubbed the “Blow Off Top” in 2024—a zenith preceding what he anticipates to be a drawn-out financial decline. Such predictions forewarn a potential upheaval that might severely unsettle global bullish sentiment.</p> 
<p>Zeberg highlights cryptocurrencies as a risk-laden asset class particularly vulnerable to this impending market turmoil. His warnings are triggering ripples of concern among global investors, urging caution and careful consideration of future financial strategies.</p> 
<h2 class="wp-block-heading" id="h-market-impact-nbsp"><strong>Market Impact&nbsp;</strong></h2> 
<p>In the recent crypto market movement, <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/">Bitcoin (BTC)</a> saw a modest increase of 0.88% to $44,063.79, trading between $44,240.67 and $43,387.92. <a href="https://coinpedia.org/information/market-price-prediction-ethereum-2019/">Ethereum (ETH)</a> surged by 2.36% to $2,253.97, while Solana (SOL) experienced a significant 17.04% gain, reaching $98.33 and overtaking Binance Coin (BNB) for the 4th spot in market rankings. BNB rose 5.64% to $272.65, and XRP increased by 0.84% to $0.6207.&nbsp;</p> 
<p>Read More: <a href="https://coinpedia.org/news/bitcoins-rally-towards-a-new-yearly-highcould-it-reach-48k-by-years-end/">Bitcoin On a Roll! Is $48k the Next Target After Bullish Pattern Break?</a></p> 
<p>Cardano (ADA) also observed a 4.93% increase, trading at $0.624. In the <a href="https://coinpedia.org/price-analysis/top-meme-coins-under-stress-is-this-a-dip-worth-buying/">meme coin</a> segment, Dogecoin (DOGE) climbed 2.46% to $0.09377, substantially increasing trading volume. In comparison, Shiba Inu (SHIB) surged 2.84% to $0.00001052, also experiencing an uptick in daily trading volume.&nbsp;</p>

Brace for a Historic 1929-Like Market Crash Soon: Henrik Zeberg Sounds Alarm

Table of Contents

CoinPedia News

Other articles published on Dec 22, 2023

Polkadot: What a surge in network activity means for DOT prices

Crypto Roundup 22 Dec: Bitcoin, Solana Approach Yearly Highs in Surges

SEC Meeting on Conference Calls With Spot Bitcoin ETF Applicants

Solana Price Approaching $100! Are Major Investors Buying SOL Tokens?

XRP Price Slump: From Crypto Star to Underdog – Can It Recover?

Near Protocol, Solana, and Phantom: Leading the Crypto Renaissance

Join our free newsletter for daily crypto updates!