Bitcoin slipped in the past 24 hours, but one top macroeconomist says a powerful rally could be just ahead.
Bitcoin is down 1.18% to around $66,538, moving in line with the broader crypto market decline. The drop comes as rising tensions in the Middle East triggered a wider “risk-off” move across global markets. Investors pulled back from volatile assets, and heavy liquidations added extra selling pressure.
Yet despite the short-term dip, macroeconomist Henrik Zeberg has laid out big price targets for Bitcoin this month.
“Bitcoin Rallies to $110–120K”
In his March 2026 portfolio outlook, Zeberg wrote: “Bitcoin rallies to $110–120K in the primary scenario, fueled by Risk-On Fever, ETF inflows, and continued institutional adoption.”
He also outlined a secondary scenario with a 25% probability where Bitcoin could climb to $140,000–$150,000 if the cycle extends further.
That places the $100,000 milestone well within reach under his base outlook.
What Could Drive the Move?
Zeberg points to three main forces behind the potential surge:
1. Return of Risk Appetite
Markets often shift quickly from fear to aggressive buying. If geopolitical pressure eases and investors rotate back into growth assets, crypto could benefit.
2. Continued ETF Inflows
Spot Bitcoin ETFs have brought steady institutional demand. Large inflows tighten available supply and support higher prices.
3. Institutional Adoption
More asset managers and public companies now treat Bitcoin as part of diversified portfolios. That steady participation adds structural demand to the market.
Ethereum and Solana Also in Focus
Zeberg’s outlook extends beyond Bitcoin.
For Ethereum, he sees the ETH/BTC ratio moving toward 10%, which would place Ethereum between $10,000 and $12,000.
He also names Solana as a high-beta asset in the cycle, with a projected range of $350 to $500 if the broader rally unfolds.
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