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HomePress ReleaseRenowned Economist Predicts Major Upside For Bitcoin, Sets Price Target

Renowned Economist Predicts Major Upside For Bitcoin, Sets Price Target

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Influential economist and analyst Henrik Zeberg has laid an enormous price tag on Bitcoin (BTC), setting the crypto space abuzz with expectations. In a video posted online, the economist suggested that Bitcoin (BTC) could hit a price value as high as $115,000 off the back of Bitcoin’s (BTC) RSI and a bullish run in the third quarter of the year.

Bitcoin (BTC) To Sell For $115,000 By August? Economist Answers

In a video posted on Trade Gate Hub, economist Henrik Zeberg claims that the first-ever cryptocurrency, Bitcoin (BTC), has embarked on a historical trajectory after its monthly Relative Strength Index (RSI) exceeded 70.

According to Zerberg, Bitcoin (BTC) could sell as high as $115,000 by August. With an optimistic tone, he also speculates that the upsurge could start in April.

“So I got $110,000-$115,000 for Bitcoin. It is actually a part of a larger pattern. I see that this is either the beginning of a new bull, but it needs to take a long break after the blow-off top,” the economist said. “But we haven’t gotten to the really steep part of it yet.  We see that we get to RSI above 70; that is really when we see the steep part. April could still be a very bullish month.”

This prediction has excited the cryptocurrency community, as it is believed that during periods when Bitcoin (BTC) sees an upsurge, other cryptocurrencies usually benefit from it. However, not only is this prediction causing buzz, but a new Ethereum project, ETFSwap (ETFS), has been the trending presale topic in the community.

Ethereum-Based ETFSwap (ETFS) Sends Crypto Market Into A Buying Frenzy

The innovative Ethereum-based ETFSwap (ETFS) is currently the trending subject in the crypto space. Its presale has caught the attention of several investors seeking to diversify their portfolios, attracting investments from the most prominent crypto whales.

The user-centered platform aims to close the existing gap between traditional finance principles and the decentralized realms of decentralized finance (DeFi). This way, users and investors can buy, trade, invest, and access the benefits of the traditional finance (TradFi) market and the innovation of DeFi in a one-stop shop.

In the same vein, ETFSwap (ETFS) enables the trading of a wide range of ETFs. This gives users and investors fresh opportunities to diversify their portfolios beyond just traditional asset classes. Now, they can gain knowledge about sectors like technology, healthcare, commodities, or energy, spreading risks and enhancing their gains while making a profit at the same time.

Also, the DeFi platform offers market-making and perpetual trading options, which provide liquidity and flexibility to traders, enabling them to trade assets efficiently and continuously without expiration. Additionally, ETFSwap users can utilize a 10x trade leverage option, which is perfect for investors seeking to maximize their returns, thereby amplifying their profits.

ETFSwap (ETFS) has the upper hand over traditional finance platforms for trading ETFs as it doesn’t require any KYC. In this case, investors are assured that no regulated bodies or intermediaries can interfere with their assets. Similarly, users are confident of their assets’ safety as the platform is intentional about users’ security. CyberScope has audited its smart contracts to reaffirm this, and no vulnerabilities have been identified.

ETFS is the native token that powers the entire ETFSwap (ETFS) environment. Presently, in the Stage 1 presale, ETFS tokens sell for just $0.00854 and have sold out over 25 million ETFS tokens, increasing momentum every minute.

Stage 2 is poised to sell for  $0.01831, indicating an astronomical 100% price surge.

This explains one of the reasons the presale is getting such immense attention in the crypto community.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of LiveBitcoinNews. LiveBitcoinNews does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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