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Paul L.

Henrik Zeberg warns Bitcoin could face a "horrendous" crash after a B-wave bounce

Economist and market analyst Henrik Zeberg said Bitcoin could stage a temporary rebound but still be setting up for a steep downturn, framing the move as a "B-wave" bounce inside a larger bearish structure. In a May 25 X post, he argued sentiment may flip strongly bullish during the rally before a sharp reversal, while pointing to downside areas such as $41,492 after a retrace toward the 0.618 Fibonacci level near $66,426.