Bitcoin (BTC) Surge Predicted by Top Analyst: What’s Expected Now?

• Bitcoin (BTC) has recently seen a significant rise, which was accurately predicted by renowned macroeconomist and trading legend, Henrik Zeberg.
• According to Swissblock, an indicator that correlates fundamental Bitcoin on-chain data with price movements, the price of Bitcoin began a movement towards $64,000, as predicted at the beginning of May.
• Swissblock also noted that sellers were exhausted just before the rise, and there was an increase in network growth, indicating limited downside risk and a potential leap on the horizon.

Bitcoin’s recent surge was accurately predicted by renowned analyst Henrik Zeberg. This article delves into the details of this prediction and what it means for the future of Bitcoin.

Accurate Prediction of Bitcoin’s Rise

Henrik Zeberg, a renowned macroeconomist and trading legend, accurately predicted the recent surge in Bitcoin’s price. His prediction was highlighted by Yann Allemann, the founder of Glassnode, in a post dated April 18. Zeberg’s prediction was based on the Swissblock indicator, which noted a turning point in Bitcoin’s price at the beginning of May, leading to a movement towards $64,000.