Renowned economist Henrik Zeberg once again issued a warning, stating, “We are facing the biggest financial bubble in history. The market is on the verge of collapse!”
The economist posted on the social media platform X on August 11, expressing that despite expecting a severe collapse to follow, he believes there might be a period of explosive growth in the cryptocurrency sector in the coming weeks.
In his post, he wrote, “We are experiencing the biggest financial bubble in history. A major collapse is imminent. However, in the cryptocurrency sector, we have around 10 weeks of bubble growth opportunity left. This means that first Ethereum, then major altcoins, and subsequently meme coins, will all see extreme surges.”
However, he also cautioned that this surge is not a long-term investment opportunity but rather a short-term speculative growth window.
Zeberg advised traders to be highly selective and strategic, only entering positions when a currency shows strong momentum and quickly exiting before the market ultimately reverses.
He stated, “Do not hold long term! Do not believe in the bubble narrative! Buy when the currency starts to rise and know when to exit. You can easily see gains of 5x, 10x, or more within weeks! Know what currency to buy and for how long…”
This isn’t the first time Zeberg has predicted an impending market collapse, specifically highlighting the potential role of cryptocurrencies in the crash.
According to the reputable financial website Finbold, Zeberg previously warned that Bitcoin has not yet become a safe haven but rather a high-risk asset linked to tech stocks. In this scenario, he predicted a massive “Tech Bubble 2” burst, leading to simultaneous crashes in Nasdaq and Bitcoin.
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