menuIcon
$ 120,573.9
BTC
$ 120,573.9
1.09 %
$ 4,715.09
ETH
$ 4,715.09
7.00 %
$ 0.8832
ADA
$ 0.8832
11.48 %
$ 853.48
BNB
$ 853.48
4.82 %
$ 201.85
SOL
$ 201.85
13.43 %
Sujit Kumar
Feb 10, 2025
by Sujit Kumar

Economist Zeberg: Crypto Poised for Final Bullish Surge

bitcoin surge

Table of contents

  1. Bitcoin’s Bullish Technicals
    1. Altcoin Momentum and Market Indicators
Economist Henrik Zeberg believes that the cryptocurrency market is on the verge of its final bullish surge. Speaking in a recent Crypto Banter interview, Zeberg dismissed the notion that the market has already peaked, estimating the chances at less than 5%. He pointed to several technical indicators that suggest both Bitcoin and altcoins still have substantial upward potential.

Bitcoin’s Bullish Technicals

[embed]https://youtu.be/OoZzYrJqKnk[/embed]

Zeberg analyzed Bitcoin’s price action and observed that BTC is following an expanding diagonal pattern accompanied by a five-wave rally. This pattern, frequently seen in bullish markets, indicates that Bitcoin is continuing its uptrend with progressively higher highs and lows. The structure aligns with Elliott Wave Theory, which describes a typical bull cycle that eventually precedes a market correction. According to Zeberg, this technical setup is a strong signal that Bitcoin’s rally is far from over.

Altcoin Momentum and Market Indicators

Turning his attention to altcoins, Zeberg highlighted the importance of the TOTAL3 chart, which tracks the market cap of all crypto assets excluding Bitcoin, Ethereum, and stablecoins. He sees this as a key indicator of the broader altcoin market’s health, expecting it to rally in tandem with Bitcoin’s movement. Zeberg predicts that large-cap altcoins, like Solana, will lead the charge, while meme coins could gain additional momentum as the market enters its final bullish stretch. However, he emphasized that Bitcoin’s upward push is critical before altcoins can fully take off.

Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Follow us on: News
Bitcoin Bullish Surge zeberg
Economist Zeberg: Crypto Poised for Final Bullish Surge
Sujit Kumar
Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

Top Picks