‘Window for crypto to blow off is shrinking,’ then recession will follow, warns expert

Key Points

1. Gert van Lagen predicts a vertical price surge for Bitcoin, resembling the final phases of 2011, 2013, and 2017 cycles, but not 2021.

2. He suggests this surge could climax in 2025, followed by a recession and Bitcoin's first true major correction.

3. Technical patterns indicate signs of a Wyckoff Distribution, which often precedes significant market downturns.

4. The Federal Reserve is unlikely to implement aggressive rate cuts until economic weakness becomes more evident.

5. Bitcoin recently hit a new all-time high above $123,000 but has slightly pulled back to $119,069 as of press time.