{"id":135016,"date":"2024-08-06T19:00:09","date_gmt":"2024-08-06T16:00:09","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135016"},"modified":"2024-08-06T11:55:48","modified_gmt":"2024-08-06T08:55:48","slug":"economist-predicts-major-upside-for-crypto-and-stocks-despite-recent-corrections","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/economist-predicts-major-upside-for-crypto-and-stocks-despite-recent-corrections\/","title":{"rendered":"Economist Predicts Major Upside for Crypto and Stocks Despite Recent Corrections"},"content":{"rendered":"<p>Zeberg <strong><a href=\"https:\/\/x.com\/HenrikZeberg\/status\/1819576643867787386\" rel=\"nofollow\">stated<\/a><\/strong> that he doesn\u2019t believe the current market corrections signal a prolonged decline or a shift into a bear market. He suggested that while recent drops and talk of a recession are prominent, the situation is not yet indicative of a long-term downtrend.<\/p>\n<p>Earlier this year, Zeberg forecasted that both stocks and crypto would experience sharp rallies, or \u201cblow-off tops,\u201d before facing a downturn. He anticipated that the Federal Reserve would intervene by increasing liquidity to support the economy if a recession seemed imminent.<\/p>\n<p>Following a recent 3% drop in the S&amp;P 500\u2014the most significant sell-off since 2022\u2014Zeberg <strong><a href=\"https:\/\/x.com\/HenrikZeberg\/status\/1819745356365631951\" rel=\"nofollow\">noted<\/a><\/strong> that his predictions are aligning with current market movements. He maintains that the peak in US markets is still ahead and expects to see signs of a recession by mid-2024.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-134977\" href=\"https:\/\/cryptodnes.bg\/en\/donald-trump-blames-biden-administration-for-recent-market-crash\/\" title=\"Donald Trump Blames Biden Administration for Recent Market Crash\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/2530-5d0136f983661-240x170.\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Donald Trump Blames Biden Administration for Recent Market Crash<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Zeberg predicts that the Federal Reserve will act to stimulate the market, potentially leading to strong recoveries and new record highs. He anticipates significant rallies in both traditional markets and cryptocurrency, with a particular emphasis on a bull market peak for crypto in October.<\/p>\n<p>According to Zeberg, these rallies will be marked by heightened enthusiasm and extreme peaks, especially in small caps and cryptocurrency, though he believes these highs will be short-lived as the final peak approaches.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Economist Henrik Zeberg, who has a significant following, remains optimistic about the future of both cryptocurrency and the US stock market, despite recent downturns.<\/p>\n","protected":false},"author":3,"featured_media":32178,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[424,243],"coin_category":[],"class_list":["post-135016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-crypto","tag-federal-reserve"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Economist Predicts Major Upside for Crypto and Stocks Despite Recent Corrections<\/title>\n<meta name=\"description\" content=\"Economist Henrik Zeberg, who has a significant following, remains optimistic about the future of both cryptocurrency and the US...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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