.HenrikZeberg predicts 'worst crash since 1929,' here's when $BTC $DXY $QQQ $SPX
To prove his theory about the upcoming"peak" before the collapse, he demonstrated the dynamics of the U.S. unemployment rates and the National Association of Home Builders Housing Market Index , an indicator that displays the relative rate of single-family home sales.
Combined with stock price indicators, these metrics hint at a close peak of the economic cycle. As all of them are extremely overheated, next recession might be much more severe than that of 2007-2009.In December 2022, he also displayed the Elliot waves prediction for a macro recession: Wave 4 might reach its highest level in early 2024. After that, markets will be doomed to fail, Zeberg warns.As such, Q4, 2023 might be the last"bullish" period of this market cycle.
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