Macroeconomist Henrik Seberg has outlined a compelling case for Bitcoin (BTC) to soar from $110,000 to $120,000 this month.
Zeberg attributed this anticipated rise to a mixture of elevated threat urge for food throughout monetary markets, giant inflows into exchange-traded funds (ETFs) centered on digital belongings, and elevated adoption by main establishments looking for publicity to cryptocurrencies.
In a March 1 X put up, Zeberg famous that his main outlook is for Bitcoin to peak within the cycle within the $110,000 to $120,000 vary, which represents a major upside from present ranges. The truth is, this purpose suggests a possible 80% enhance from Bitcoin’s present worth of $66,052.
Seberg additionally thought of the unlikely chance that the rally could possibly be prolonged, estimating a 25% probability that Bitcoin would overshoot between $140,000 and $150,000 if market momentum strengthens past expectations.
“Pushed by risk-on fever, ETF inflows, and continued adoption by institutional buyers, the first state of affairs sees Bitcoin rise to $110,000-120,000. There may be additionally a secondary state of affairs of $140,000-150,000 (25% chance) if momentum overshoots an additional prolonged cycle high,” he mentioned.
His framework highlights the function of broader financial situations in fostering a risk-on setting during which buyers shift to high-growth belongings corresponding to cryptocurrencies amid favorable liquidity and coverage alerts.
Digital foreign money market outlook
The economist prolonged his evaluation past Bitcoin to different main digital belongings, predicting that Ethereum (ETH) will attain $10,000 to $12,000 as its ratio to Bitcoin converges to round 10%, reflecting improved relative efficiency from related institutional buyers and community upgrades.
In the meantime, Solana (SOL), which is positioned as a excessive beta inside the ecosystem, may gain advantage from amplified volatility and adoption in decentralized functions to rise from $350 to $500.
Current market tendencies present context for Seberg’s optimism, with Bitcoin presently buying and selling round $70,000 after a pointy correction from its 2025 excessive of over $126,000.
Analysts word that this drop of practically 50% is per historic patterns, however could also be tempered by institutional investor involvement via ETFs, moderating the decline in comparison with previous cycles.
Certainly, this outlook comes as Bitcoin faces elevated volatility, with Bitcoin plummeting in the direction of $60,000 amid geopolitical tensions together with the US and Israeli assault on Iran, earlier than rebounding to highs of $68,000.
The cryptocurrency has been below strain since its 2025 excessive above $126,000, with many describing it as getting into a bearish consolidation section.
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