Economist Henrik Zipberg says there are no indications that Crypto Bull Market Top predicts the wonderful “ALTCOIN” season.
Economist Henrik Zipberg believes that BTC (BTC) and that altcoins is about to ignite the final stage of the Crypto Bull Market.
In a new interview on the Crypto Banter YouTube channel, Zipberg says it gives a chance less than 5 % because encryption assets have already printed the bull market summit.
“There are no indications for me that the highest is at this point here. I look at many indicators that tell us that the summit exists, and I actually think we will get a great season in Altcoin.”
Looking at Bitcoin itself, the Economist says that BTC seems to be trading in an expanded Qatari structure as a five -wave march passes. A Qatari expansion in the bull market indicates that the origin is in a bullish direction, printing higher levels and higher levels. Meanwhile, the five wave rally depends on Elliot’s wave theory, which states that the upscale assets tend to see an increase of a five -wave before entering a corrective period.
Zipberg says,
“There is a very clear pattern, at least for me, which is an expanded diagonal in a very long frame … This is a monthly scheme and this is what was directed me all the time.
So when people were very negative [in August 2024]I said, “No, we will have a strong move, and we will see $ 100,000 in 2024.”
We have done that, and now people are negative here.
This is the fifth wave. We need the fifth wave … My goal, which ranges between $ 123,000 to 125,000 dollars, along with capabilities, up to $ 140,000. “
At the time of this report, Bitcoin is traded for $ 96,779.
As for Altcoin Market, Zeberg says it is closely monitoring on Total3, which tracks the maximum of the market for all encryption assets except Bitcoin, ETHEREUM (ETH) and Stablecoins. According to The Economist, Total3 Chart, or what he calls the Alts index, is close to raising the next stage, supported by its expected procedure at the BTC price.
It is expected to be the large altcoins at the beginning of the market leaders, followed by memecoins later.
“Solanas is the one [that] What will lead her will be at this stage … First, we now need Bitcoin to get her behavior together and move a little higher, and then we will be in the last stage …
This is where we should see this picking part of Bitcoin, after which we must move to the next stage. “
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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