Closely followed economist and Bitcoin (BTC) bull Henrik Zeberg is calling for a mega bullish finish to this year for the crypto markets, and currently has his eye on one particular altcoin project based on Ethereum (ETH).
Zeberg tells his 110,000 Twitter followers that Internet of things (IoT) project Jasmy (JASMY), has the ability rally over 100x from its current price levels.
“FLY”
Jasmy, a Japanese crypto project, aims to combine blockchain and IoT technology to create and infrastructure that allows anyone use data safely and securely. It is currently trading at $0.007, about 99.8% down from its all-time high.
Zeberg’s JASMY call is in line with his outlook that crypto is about to enter a euphoric stage that outdoes the bull market of 2021. He shares a chart that suggests the total crypto market cap could explode rather quickly to the $4.4 trillion level.
“If you liked the Crypto Euphoria in markets in late 2021, you are going to LOVE the coming SUPER EUPHORIA in late 2023.”
Contrary to popular belief that the US economy is either in or entering into a recession, Zeberg is of the viewpoint that the macro situation is actually bullish based on a number of ecomomic points. He says the Federal Reserve has finished raising interest rates, and that risk assets like crypto are now in for a boost.
“Economy is 100% NOT in Recession.
Inflation down strongly – and moving lower.
Fed is DONE!
GOLDILOCKS ZONE
Blow-off top developing.”
The popular analyst has previously called for a major uptrend to begin for Bitcoin and the rest of the crypto markets.
Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox
Check Price Action
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/Klavdiya Krinichnaya
Generated Image: DALLE-2
