Stumbled across this trader today. 10s of millions in BTC profits over 8 years. Predicting a major global markets crash first half of 2025. Seems legit, but only did a little browsing so far.
Regardless of his economic prowess, predicting crashes is foolish. The odds that you lose credibility is quite high. A crash worse than 2008? In other words a deflationary Depression like 1929-1932 except it will take place in 6 months? You would need a sovereign debt default like what happened starting 1931 in Vienna when the super Bank Credit-Anstalt collapsed. Contagion soon followed globally and most of the world's banks collapsed leading to Banking Holidays as they were euphemistically called. Perhaps the FDIC could prevent that this time around but I doubt it. One thing I will say is this constant rise in the US dollar means a global recession is inching closer. Maybe Trump's tariffs is the trigger like Smoot-Hawley was.
Smoot-Hawley was introduced when the US had a large trading surplus, totally inversed , now it is a large trading deficit. Interesting stuff.
He had a similar forecast a couple years ago so ........... his timing is questionable. He admits he's not a market timer, but then why does he tell us when it's likely to happen?
Impressive track record with cryptocurrency profits over 8 years! Definitely worth keeping an eye on their market predictions for 2025.