Why Bitcoin Will Crash Like Every Other 4 Year Cycle | Henrik Zeberg
The Pomp Podcast15 Sep 2025

Why Bitcoin Will Crash Like Every Other 4 Year Cycle | Henrik Zeberg

Henrik Zeberg is the Head Macro Economist at Swiss Block. In this conversation we talk about the macro outlook, K-shaped economy, inflation, a potential big tech bust coming, why the 4-year bitcoin cycle is not going anywhere, and why Henrik believes risk assets may be in trouble.

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Pomp writes a daily letter to over 270,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at: https://pomp.substack.com/

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Check out my NEW show for daily bite-sized breakdowns of the biggest stories in finance, technology, and politics: ⁠⁠⁠⁠⁠⁠http://pompdesk.com/⁠⁠⁠⁠⁠⁠

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Bitizenship helps Bitcoin-forward investors gain EU residency and a path to Portuguese citizenship in five years while maintaining exposure to Bitcoin. Their regulated fund qualifies you for the Golden Visa through an operating company focused on Bitcoin-native innovation. Book a free strategy call at https://bitizenship.com/pomp.

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TimeStamps:

  • 0:00 - Intro

  • 2:14 - Where are we in the macro cycle?

  • 10:41 - Are we getting a blow off top in risk assets?

  • 13:14 - Historical stock market valuations vs today

  • 26:36 - What happens in the next 12 months if we are in a bubble?

  • 30:01 - Is bitcoin 4 year cycle different this time?

  • 34:33 - Thoughts on where inflation is going

  • 38:29 - The framework for being a good investor for the next 10 years

  • 42:03 - What does the monetary reset look like?

  • 45:54 - How to prepare your investing portfolio


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