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A widely followed economist believes that big rallies are in store for Bitcoin (BTC), Ethereum (ETH) and the rest of the crypto market. Analyst Henrik Zeberg tells his 190,600 followers on the social media platform X that he believes that we are in the midst of the “largest financial bubble ever,” paving the way for risk assets like Bitcoin and crypto to soar to much higher prices in the coming weeks. According to the economist, Bitcoin is set to surge 60% over the next two months, while altcoins could deliver gains of up to 900% within weeks. However, he warns that everything will come crashing down once the bubble bursts. “We have the largest Financial Bubble ever! And it will CRASH! But – we have around 10 weeks of Crypto Bubble Fun. That means extreme rallies in first ETH – then Large Alts – then Memes etc. Do not BUY AND HOLD for longer. Do not fall for the Bubble narrative! Buy – when the Coin begins to move. And know WHERE to get out. ...

Bitcoin is the top-performing asset in the cryptocurrency market as its price has skyrocketed 80% in a year. It hit an all-time high of $122,838 mid-July, and its price is now at the $119,000 range on Monday. The leading cryptocurrency is bouncing back harder after every dip, making it a prime investment for traders. It is backed by strong institutional clients, and the influx of funds is keeping prices afloat. The surge brings risks of a crash, as Bitcoin usually loses 50% to 80% of its value between 18 months and 2 years whenever it reaches an all-time high. Also Read: Bitcoin Open Interest Reaches All-Time High: Should You Worry? The trend has occurred in 2011, 2013, 2017, and 2021, where Bitcoin lost 70% to 90% of its value after reaching an ATH. In 2011, BTC hit an all-time high of $32 and plunged 94% reaching a low of $2. The same happened in 2013, where BTC hit an ATH of $1,150 and plummeted 90% reaching a low of $150. The crash happened 13 months after the ATH, giving investors...

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