Economist Forecasts Bitcoin Surge in 2024

Renowned macro strategist Henrik Zeberg anticipates a remarkable surge in Bitcoin and crypto markets.

In an exclusive interview with Bloor Street Capital YouTube channel, Zeberg predicts an unprecedented crypto movement, fueled by those who missed out on previous bull markets.

Bold Predictions: Bitcoin to Skyrocket

Zeberg sets a minimum target of $115,000 per BTC, expecting it sooner than many other crypto enthusiasts. He envisions a spectacular bull run in the initial four months of 2024, describing Bitcoin's trajectory as "absolutely ballistic" and potentially reaching $150,000 or even $250,000.

Zeberg's Insight: A Unique Crypto Run

"I'm seeing a crypto run like nothing else," Zeberg asserts. He emphasizes the influx of investors who, having missed previous opportunities, are determined not to miss this one. The looming possibility of Bitcoin surpassing current levels, especially with potential ETF announcements, adds to the anticipated surge.

Market Dynamics: FOMO Driving Quick Moves

According to Zeberg, the market dynamics indicate a swift move, driven by the fear of missing out (FOMO). He points out that investors who weren't part of Nasdaq last year now want a piece of the action, contributing to the rapid ascent of riskier assets, including cryptocurrencies.

"I think those riskier assets – which I also include cryptos and even Bitcoin – will be having a fantastic first four months of the year," Zeberg concludes.