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Economist Predicts ‘Blow-Off Top’ For Bitcoin At $123,000 Post-Trump Win

[Nov 6 4:00 PM] The 2024 US presidential election is decided. Donald Trump will get a second term, defeating Kamala Harris. In the midst of election night, the Bitcoin price rose to a new all-time high of $75,407 on Binance. The euphoria is driven by Trump’s…

Top Economist Predicts Bitcoin Price Top Before Worst Recession Since 1929

[Aug 23 1:30 PM] Henrik Zeberg, Head Macro Economist at Swissblock, has reasserted his prediction that a US recession is inevitable, but not before a dramatic upswing in financial markets, including a substantial rally for Bitcoin to heights between $115,000 and…

Goldman Sachs Lowers US Recession Risk to 20%

[Aug 18 10:30 PM] Goldman Sachs economists have lowered the likelihood of a U.S. recession within the next year from 25% to 20%, citing recent data on retail sales and jobless claims. If the upcoming August jobs report, scheduled for release on September 6, shows…

Bitcoin price loses $60K, but a maturing Wyckoff signal gives hope

[Aug 4 3:10 PM] The bullish outlook appears despite the ongoing Bitcoin sell-off, which is being led by the growing risks of a recession in the United States.

Majority of Americans Believe US in Recession, Survey Shows

[Jul 24 8:30 PM] New research by Affirm reveals three in five Americans believe the U.S. is in a recession, though it’s not officially declared. A survey of 2,000 people shows inflation and rising living costs (68%) as the main reasons for this belief…

Economist Foresees $115,000 Bitcoin Peak, Followed By Largest Crash Since 1929

[Jan 18 12:00 PM] Renowned macroeconomist Henrik Zeberg has set the financial world abuzz with a stark prognosis on X (formerly Twitter), forecasting a dramatic surge in the Bitcoin price to a peak of $115,000 to $150,000. However, this meteoric rise is predicted to…

Strategist Expects US Recession by Year-End, Fed Tightening to Drag Down Economy

[Apr 11, 2023 12:30 AM] Investment bank MPS Capital Services has warned that the U.S. economy will be in a recession by year-end. The firm’s strategist predicts that the Federal Reserve will raise interest rates by an additional 25 basis points, warning that the…

Crypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens

[Jan 25, 2023 12:30 PM] Equity markets began the day in the red following the latest corporate earnings reports from some of the world’s largest firms, including Microsoft. The tech giant’s recent conference call was considered disappointing, and earnings…

IMF Warns of Tough Year Ahead for World Economy Citing Slowdown in US, EU, China

[Jan 1, 2022 10:00 PM] The International Monetary Fund (IMF) has warned that 2023 will be a tougher year for most of the world economy because the U.S., EU, and Chinese economies are all slowing down simultaneously. “We expect one-third of the world economy to be…