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<p>The post <a rel="nofollow" href="https://coinpedia.org/news/zebergs-bold-prediction-bitcoin-could-hit-99000-by-march-2024/">Bitcoin Could Hit $99,000 by March 2024, Predicts Expert</a> appeared first on <a rel="nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>In a surprising turn of events, prominent cryptocurrency trader <a href="https://twitter.com/HenrikZeberg/status/1721126885214617684">Henrik Zeberg</a>, who is usually known for his skepticism regarding cryptocurrencies, now envisions an epic rally on the horizon, one that could surpass the previous high seen in 2021.</p> 
<p>Zeberg predicts a significant upswing in the total cryptocurrency market value, a stark shift from his typically cautious stance. His latest projections indicate a remarkable 400% increase, potentially catapulting the market’s total worth to a staggering $4.4 trillion.</p> 
<p>Zeberg’s newfound confidence is based on a thorough examination of the overall cryptocurrency market, which has undergone a noteworthy transformation.</p> 
<h2 class="wp-block-heading" id="h-market-s-rollercoaster-ride">Market’s Rollercoaster Ride</h2> 
<p>After reaching an all-time high of $3.2 trillion in November 2021, the cryptocurrency market faced significant challenges, experiencing a substantial 78.75% drop, dwindling to a mere $688.44 billion by early 2023, causing widespread panic among investors.</p> 
<p>However, Zeberg’s analysis reveals an interesting development over the past six months – the emergence of a bullish flag pattern across the entire market. This pattern has now broken out, resulting in a total valuation of $1.29 trillion.</p> 
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   <p lang="en" dir="ltr">This is as BULLISH Risk Assets as it possibly can get<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a> Market will SOAR into a new Euphoria Top bring Market Cap will top ~50% higher than top in November 2021.<br><br>Tune into our Live Show today at 5PM CET – and hear more: <a href="https://t.co/X89WATQHEP">https://t.co/X89WATQHEP</a><br><br>Ask questions LIVE on… <a href="https://t.co/bZl649hd3z">pic.twitter.com/bZl649hd3z</a></p>— Henrik Zeberg (@HenrikZeberg) <a href="https://twitter.com/HenrikZeberg/status/1721126885214617684?ref_src=twsrc%5Etfw">November 5, 2023</a>
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<p>According to Zeberg, this breakout signifies the beginning of a significant market resurgence, with the ambitious goal of pushing the total market capitalization to an impressive $4.4 trillion.</p> 
<h2 class="wp-block-heading" id="zeberg-s-history-of-bold-predictions">Zeberg’s History of Bold Predictions</h2> 
<p>This isn’t the first time Zeberg has made <a href="https://coinpedia.org/bitcoin/bitcoin-bulls-rejoice-henrik-zeberg-predicts-upward-trend-until-this-happens/">daring predictions</a>. In the past, he accurately anticipated the rise of Bitcoin and other digital currencies, attributing their success to the absence of an imminent economic recession.</p> 
<p>Zeberg’s hypothesis hinges on the increase in liquidity within the system, drawing on promising insights from Swissblock indicators, <a href="https://coinpedia.org/bitcoin/bitcoin-bulls-rejoice-henrik-zeberg-predicts-upward-trend-until-this-happens/">as previously reported by Coinpedia</a>.</p> 
<p>Zeberg’s forecasts align with a recurring trend that first emerged in 2018 and was reaffirmed in 2021, as evidenced by <a href="https://u.today/sites/default/files/inline-images/F-KqbaPXgAAswXr.jpeg">his chart</a>. He emphasizes the crucial role played by the shift from extreme fear to euphoria in driving this transformation.</p> 
<h2 class="wp-block-heading" id="what-lies-ahead">What Lies Ahead?</h2> 
<p>If Zeberg’s vision comes to pass, cryptocurrency enthusiasts may witness <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/">Bitcoin (BTC)</a> reaching unprecedented heights, with the potential to reach an impressive $99,000 as early as March 2024.</p>

Bitcoin Could Hit $99,000 by March 2024, Predicts Expert

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