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Economist Henrik Zeberg Says No Indications That Crypto Bull Market Top Is In, Predicts ‘Fantastic’ Altcoin Season

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Economist Henrik Zeberg believes Bitcoin (BTC) and altcoins are close to igniting the final phase of the crypto bull market. In a new interview on the Crypto Banter YouTube channel, Zeberg says he’s giving a less than 5% chance that crypto assets have already printed a bull market top. “There are no indications for me that the top is in at this point here. I’m looking at various indicators that tell us that the top is in, and I actually think still that we’re going to have a fantastic altcoin season.” Looking at Bitcoin itself, the economist says that BTC appears to be trading in an expanding diagonal structure while going through a five-wave rally. An expanding diagonal in a bull market suggests that an asset is in an uptrend, printing higher highs and higher lows. Meanwhile, the five-wave rally is based on the Elliott wave theory, which states that a bullish asset tends to witness a five-wave surge before entering a corrective perio...

Venture Capitalist Chris Burniske Says Subtle Signs of Crypto Bull Market Flashing Amid Depressed Sentiment

Investor and former crypto analyst at ARK Invest Chris Burniske says that digital assets are showing subtle signs of an early bull market move. Burniske, a partner at venture capital firm Placeholder, says that modest rallies amid bearish market sentiment bode well for crypto assets. “Continuing to see subtle green shoots, while public sentiment remains depressed.” Zooming in, the investor flags some under-the-radar ecosystems that he says are showing contagious enthusiasm, helping to drive the crypto market cycle to his $10 trillion market cap target. “Contagious enthusiasm coming from up-and-coming ecosystems like that of Celestia or Move (Aptos, Movement Labs, Sui Network) While the majors of Bitcoin, Ethereum and Solana continue getting after it – Eyes on $10 trillion, don’t get shook.” Previously, Burniske said that the Move ecosystem was something he had his eye on for the current market cycle. Move is a programming language...