Bitcoin (BTC) to Hit $115-$120K: Economist Henrik Zeberg

As a seasoned investor with a keen eye for market trends and cycles, I find myself intrigued by the predictions of financial analysts like Henrik Zeberg and Robert Kiyosaki. Having navigated through numerous bull and bear markets in my investing journey, I can’t help but feel a sense of déjà vu when I read about their forecasts for Bitcoin.


Financial expert and prognosticator Henrik Zeberg remains optimistic about Bitcoin and predicts its value could reach a staggering $115,000. Following revisions to his earlier predictions from 2022, he has significantly raised his wager on the digital currency.

As a researcher, I’m observing that at present, Bitcoin, the globe’s most significant cryptocurrency, is consistently trading within a narrow band between approximately $60,000 to $61,000.

“Bitcoin to surge to $115k-$120K”: Zeberg

In a tweet on December 29, 2022, the economist pointed out his “goals for peak point explosion,” which encompassed the S&P 500, Nasdaq, Dow Jones indexes, and Bitcoin. At that time, Zeberg foresaw Bitcoin reaching between $95,000 and $100,000.

Currently, despite most people still maintaining their pessimistic views, he persists in his optimistic predictions. He mentioned that as late as 2022, some were predicting an immediate market collapse. However, he emphasized, the market had already found its lowest point in October of that year instead.

As a seasoned investor with over two decades of market experience under my belt, I have seen countless instances where fear and panic drive people to make hasty decisions based on short-term trends and sensational headlines. In December 2022, I witnessed yet another such instance when everyone around me was bearish, predicting an imminent crash in the market.

— Henrik Zeberg (@HenrikZeberg) August 23, 2024

According to his Business Cycle Model, Zeberg has revised his predictions, and now he thinks Bitcoin could soar as high as $115,000 or potentially even touch $120,000. He tweeted that there will be a wave of optimism in US markets. However, he did not give a specific timeline for Bitcoin to reach these levels.

Still, while remaining bullish, the economist agrees that a recession is coming, and it will be worse than it was in 1929.

Kiyosaki predicts “world’s biggest crash” and Bitcoin at $350,000

Robert Kiyosaki, well-known financial expert and author of “Rich Dad Poor Dad,” often shares tweets predicting an imminent catastrophic collapse of all U.S. financial markets. He anticipates this to be the largest market crash globally, with a subsequent massive economic depression following suit.

As a crypto investor, I view the current market situation as a chance to increase my holdings in gold, silver, and Bitcoin. Robert Kiyosaki made an impressive prediction earlier this year, stating that he anticipates Bitcoin to skyrocket to $350,000 by mid-August – a timeframe that has already elapsed. However, it’s important to note that this was not a prediction but rather an expression of his hope. Yet, in a recent tweet, he advised investors to consider purchasing more Bitcoin, silver, and gold as the U.S. national debt is estimated to accumulate another trillion dollars roughly every 100 days.

Kiyosaki views Bitcoin as a safe haven asset and has been tweeting about it since 2020 actively.

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2024-08-23 15:59