Economist Warns Of ‘Horrendous’ Crypto Crash — But Says Big Profits Can Still Be Made Before Valuation Hits This Level

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

Macroeconomist and technical analyst Henrik Zeberg issued a stern warning about the cryptocurrency market on Tuesday, describing it as the “Bubble of this era” and predicting a big crash.

In an X post, Zeberg called the current state of the market “insane” and predicted a “horrendous” crash.

Zeberg marked the so-called “Bubble” area on a chart, with a projected peak market valuation of $12.95 trillion around late 2025 and early 2026. The chart has multiple “Euphoria” labels, representing previous bull runs in 2017 and 2021, followed by a sharp downturn.

Trending: The same firms that backed…

Source link