Top Trader Issues Warning Bitcoin (BTC) Prediction About Recession
Main Idea
Top trader Henrik Zeberg warns that Bitcoin (BTC) could crash by 80% once a recession hits, citing liquidity-driven market conditions as the primary risk.
Key Points
1. Henrik Zeberg predicts Bitcoin will 'collapse' when the long-awaited recession occurs, though he did not specify exact price targets.
2. Bitcoin's current bull run is driven by narratives around ETF adoption, monetary expansion, and digital asset adoption, but Zeberg believes liquidity risks could reverse this trend.
3. A user forecasted an 80% correction across all cryptocurrencies by 2026, which Zeberg seemingly endorsed in his warning.
4. Bitcoin previously dropped over 75% from its late 2021 high of nearly $69,000 to below $16,000, suggesting a similar decline could bring it to the mid-$20,000s.
5. Zeberg's warning implies that macroeconomic risks, rather than technological failures, pose the greatest threat to Bitcoin's price stability.
Description
Bitcoin to crash 80% once recession hits, top trader issues warning
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