According to Bijié Wǎng, economist and macro strategist Henrik Zeberg believes the crypto market will see significant gains before the current cycle ends. In a new post, Zeberg told his 198,300 followers on X that the OTHERS chart (tracking all crypto assets excluding the top 10 and stablecoins) is breaking through a key resistance level on the weekly chart against Bitcoin (OTHERS/BTC), signaling a bullish reversal. He noted the OTHERS/BTC ratio is currently around 0.135 and is expected to peak near 0.66. Zeberg also shared his bullish outlook on the BTC/gold ratio in a strategy session on Swissblock's YouTube channel, predicting it could rise about 35 times in the short term from its current level of 30. He added that while Bitcoin may outperform gold in the short term, gold is expected to outperform Bitcoin and the S&P 500 in the long term.
Economist Henrik Zeberg Predicts Crypto Bull Market Has 'Far to Go' and Updates Long-Term Gold Outlook
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