Reserve

bullish

when

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/economist-predicts-crypto-and-stock-surge" data-wpel-link="internal" rel="noopener noreferrer nofollow">Economist Predicts Crypto and Stock Surge</a><br></p>
<p style="text-align: justify">Renowned economist Henrik Zeberg has asserted that the crypto and US stock markets are poised for a significant rally despite recent corrections. Sharing his insights on social media platform X, Zeberg warned it’s premature to anticipate a prolonged downturn in these markets.</p>
<h2 id="why-does-zeberg-warn-investors">Why Does Zeberg Warn Investors?</h2>
<p style="text-align: justify">Earlier this year, Zeberg forecasted a substantial rise followed by a crash in both stock and crypto markets. He suggested that when recession indicators become evident in the US, the Federal Reserve would intervene by printing more money. This prediction seems to be materializing with the S&amp;P 500’s recent 3 percent drop, marking its steepest decline since 2022.</p>
<p style="text-align: justify">Zeberg emphasized that US markets have not yet reached their zenith. He reiterated his prediction from January that market fissures would emerge by mid-2024, signaling a looming recession. He expects the Fed to step in during this period, driving market stimulation.</p>
<h2 id="what-does-october-hold-for-crypto">What Does October Hold for Crypto?</h2>
<p style="text-align: justify">Zeberg projects sharp increases in the crypto market, anticipating a <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">bull market</a> peak in October this year. He pointed out that small-cap stocks and crypto will witness intense bullish enthusiasm, though the ultimate peak is nearing. <a href="https://en.bitcoinhaber.net/reflecting-on-bitcoins-historical-halving-milestones-ahead-of-2024-event" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a>, for instance, recovered to around $56,000, rebounding 15 percent from its August 5 low of $48,800.</p>
<h2 id="key-insights-for-investors">Key Insights for Investors</h2>
<p style="text-align: justify">Investors should note the following:</p>
<ul>
 <li>US markets have not yet peaked; cracks are expected by mid-2024.</li>
 <li>The Federal Reserve is likely to intervene to boost the economy.</li>
 <li>A significant recession and bear market, the largest since 1929, is anticipated but not imminent.</li>
 <li>The crypto market is predicted to peak in October, driven by extreme bullish sentiment.</li>
 <li>Short-term major rallies are likely before a market correction sets in.</li>
</ul>
<p style="text-align: justify">Zeberg’s insights offer critical guidance for investors, suggesting that while significant rallies are on the horizon, they should brace for eventual market corrections and a potential recession. This information is invaluable for making informed investment decisions in the coming months.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/economist-predicts-crypto-and-stock-surge" data-wpel-link="internal" rel="noopener noreferrer nofollow">Economist Predicts Crypto and Stock Surge</a></h5>

Economist Predicts Crypto and Stock Surge

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