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<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/will-bitcoin-experience-major-price-movements-soon" data-wpel-link="internal" rel="noopener noreferrer nofollow">Will Bitcoin Experience Major Price Movements Soon?</a><br></p>
<p style="text-align: justify">Henrik Zeberg, Swissblock’s chief macro strategist, forecasts considerable fluctuations in <a href="https://en.bitcoinhaber.net/bitcoins-leverage-and-funding-rates-a-potential-buying-opportunity" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a>‘s price during the last quarter of this year. In a recent social media update, Zeberg suggested that current market dynamics align with a critical juncture he anticipated two years ago.</p>
<h2 style="text-align: justify" id="what-are-zeberg-s-updated-predictions">What Are Zeberg’s Updated Predictions?</h2>
<p style="text-align: justify">Zeberg confirmed that the predicted low from November 2022 has been achieved. With the S&amp;P 500 index currently at 5770, he has adjusted his targets to fall within 6100-6300. For Bitcoin, a revised pricing expectation now ranges between 115,000 and 123,000 dollars.</p>
<h2 style="text-align: justify" id="how-do-other-analysts-view-this-outlook">How Do Other Analysts View This Outlook?</h2>
<p style="text-align: justify">Contrarily, some analysts, including Benjamin Cowen, express skepticism regarding Zeberg’s optimistic outlook. Cowen cautions that Bitcoin may experience stagnation for a couple of seasons before potentially regaining upward momentum.</p>
<ul>
 <li>Zeberg’s target for Bitcoin suggests a potential rise of 98% from its current trading price of 62,700 dollars.</li>
 <li>Recent labor market data indicates a balance in recession fears, which could impact Bitcoin’s performance.</li>
 <li>Investors need to cultivate diverse strategies in response to varying analyst opinions.</li>
</ul>
<p style="text-align: justify">Bitcoin’s current trading price stands at 62,700 dollars, and if Zeberg’s projections hold, a surge to 123,000 dollars could materialize. He anticipates a significant “blow-off top” in Q4 that may culminate in a subsequent decline.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/will-bitcoin-experience-major-price-movements-soon" data-wpel-link="internal" rel="noopener noreferrer nofollow">Will Bitcoin Experience Major Price Movements Soon?</a></h5>

Will Bitcoin Experience Major Price Movements Soon?

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