Macro strategist Henrik Zeberg believes that Bitcoin (BTC) is poised for a significant price surge, potentially exceeding 64% from its current value by the third quarter of 2024 ¹. Zeberg anticipates a substantial move in Bitcoin's price, potentially reaching $110,000 to $115,000, with the possibility of consolidation and pullbacks between August and October. This prediction is based on his analysis of market trends and historical patterns.

*US Economic Recession Forecast*

In addition to his Bitcoin price prediction, Zeberg also foresees a US economic recession by the end of 2024, potentially occurring between October and December ¹. He believes that the stock market will experience a peak two months prior to the recession, leading to a rotation of capital from Europe and Asia into the US market. Zeberg is bullish on the US market, particularly small caps, as he expects a rotation from large caps to small caps in the final phase of the business cycle.

*Altcoin Analysis*

Crypto analyst Jason Pizzino has identified four altcoins that are exhibiting signs of strength, including Solana (SOL), Pepe (PEPE), Pendle (PENDLE), and Render (RNDR) ². According to Pizzino, Solana is holding up well against the US dollar, while Pendle has the potential to be a stronger altcoin in the next stage of the cycle. Render is also showing resilience, although not as strong as the other three altcoins. Pepe, a memecoin, is in a clear uptrend, presenting good trading opportunities.

*Market Insights*

The cryptocurrency market is known for its volatility, and investors should exercise caution when making high-risk investments. It is essential to conduct thorough research and due diligence before engaging in any cryptocurrency or digital asset transactions. The Daily Hodl provides market insights and analysis, but its opinions should not be considered investment advice.

*In Conclusion*

The cryptocurrency market is dynamic, with various factors influencing its trends and patterns. Predictions and analysis from experts like Henrik Zeberg and Jason Pizzino can provide valuable insights for investors. However, it is crucial to approach investments with caution and thorough research, as the cryptocurrency market can be unpredictable.