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 mix of elevated danger urge for food throughout monetary markets, giant inflows into exchange-traded funds (ETFs) targeted on digital belongings, and elevated adoption by main establishments looking for publicity to cryptocurrencies.
In a March 1 X publish, Zeberg famous that his major 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. In truth, this aim suggests a possible 80% improve from Bitcoin's present worth of $66,052.
Seberg additionally thought-about the unlikely risk that the rally may very well be prolonged, estimating a 25% likelihood 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 traders, the first situation sees Bitcoin rise to $110,000-120,000. There’s additionally a secondary situation of $140,000-150,000 (25% chance) if momentum overshoots an extra prolonged cycle prime,” he mentioned.
His framework highlights the function of broader financial circumstances in fostering a risk-on setting by which traders shift to high-growth belongings comparable to cryptocurrencies amid favorable liquidity and coverage alerts.
Digital forex 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 traders and community upgrades.
In the meantime, Solana (SOL), which is positioned as a excessive beta throughout the ecosystem, may benefit from amplified volatility and adoption in decentralized functions to rise from $350 to $500.
Latest market tendencies present context for Seberg's optimism, with Bitcoin at present buying and selling round $70,000 after a pointy correction from its 2025 excessive of over $126,000.
Analysts be aware that this drop of practically 50% is in step with historic patterns, however could also be tempered by institutional investor involvement by means of ETFs, moderating the decline in comparison with previous cycles.
Certainly, this outlook comes as Bitcoin faces elevated volatility, with Bitcoin plummeting in 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 underneath strain since its 2025 excessive above $126,000, with many describing it as getting into a bearish consolidation section.
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