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.
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.
Zeberg points to three main forces behind the potential surge:
Markets often shift quickly from fear to aggressive buying. If geopolitical pressure eases and investors rotate back into growth assets, crypto could benefit.
Spot Bitcoin ETFs have brought steady institutional demand. Large inflows tighten available supply and support higher prices.
More asset managers and public companies now treat Bitcoin as part of diversified portfolios. That steady participation adds structural demand to the market.
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.
Top economist Henrik Zeberg predicts Bitcoin could rally to $110,000–$120,000 in March, driven by ETF inflows and renewed institutional demand.
A surge in risk appetite, steady Bitcoin ETF inflows, and increased institutional adoption are the three key forces that could push Bitcoin higher.
Institutions add steady, large-scale buying. Their long-term allocations reduce supply in circulation and support sustained upward trends.
Yes. If Bitcoin breaks key resistance, short sellers may rush to cover positions, creating a squeeze that pushes prices sharply higher.
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