Bitcoin’s Record High: A Warning of Potential Crash as Markets Surge

Economist Henrik Zeberg predicts a dramatic price surge for Bitcoin before it inevitably collapses, warning that the crypto boom may be just a prelude to a global recession on a scale comparable to the 1930s. Zeberg’s analysis highlights the potential for Bitcoin to reach $150,000 in the near future before plunging dramatically. This rise will be driven by similar factors as those behind tech stocks’ record highs, but it won’t represent resilience; rather, it will be a last burst of speculative activity before a massive crash occurs. 2023’s market performance is characterized by both an explosive surge in risk assets and an underlying unease, suggesting a scenario akin to the final frantic steps before a dramatic halt.