Economist shocked: Crypto bull run “hasn’t started yet” – The peak is still far away!

Predicting a strong boom in the altcoin market
Economist and macro strategist Henrik Zeberg believes the cryptocurrency market will see a strong bull run before the current cycle ends.

He pointed out that the OTHERS/BTC index – which measures the capitalization of all altcoins except the 10 largest and stablecoins – is breaking out of the key resistance level of 0.14 on the weekly chart.

According to Zeberg, the ratio could peak around 0.66 , from its current level of around 0.135 . He asserts:

“We are far from the top in crypto! Altseason is still going on. This is an extremely BULLISH signal!”

Bitcoin outperforms gold in the short term
In a strategy session on Swissblock's YouTube channel, Zeberg suggested that the BTC/gold ratio could rise as high as 35x in the short term , from the current 30x .

He predicts that Bitcoin will continue to outperform gold in the next few years, but in the long term, over the next 10 years, gold will regain its dominance over both Bitcoin and the S&P 500.

Zeberg analyzes:

“Bitcoin may have more room to rise than gold in the short term… but over 10 years, gold will overwhelm both Bitcoin and the S&P 500.”

Market signals and divergence risk
Zeberg believes that while the uptrend is forming, there will come a time when the momentum will weaken and create a “big peak” in the BTC/gold ratio .

This is a classic setup, he stressed, where prices continue to rise but the underlying strength is fading. If this scenario occurs, investors should be wary as it could signal a period of divergence before the market reverses.