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Henrik Seberg: Bitcoin will grow by 64% by the end of the year

11:27 am, May 29, 2024

In a recent interview, macro strategist Henrik Seeberg made a startling prediction that bitcoin BTC BTC $75,591.79 Bitcoin 1.96% Market capitalization $1.5 trillion VOL. 24 hours $3.35 billion could experience a significant surge in value, along with his prediction of an impending recession in the United States.

During a discussion on Bloor Street Capital’s YouTube channel, Seeberg predicted a significant rise in bitcoin, expecting it to soar more than 64% from its current value by the third quarter of 2024.

Seberg reiterated his previous forecast that the market leader will reach a price range between $ 110,000 and $ 115,000 and indicated that the cryptocurrency is on the verge of an uptrend that began on May 20. The crypto strategist sees a pattern of surges and consolidation periods leading to this price target.

Zeberg’s predictions came amid a discussion in the crypto community about the future of bitcoin. A few days before Zeberg’s interview, another crypto analyst suggested that bitcoin could reach $ 1 million within the next 10−18 months.

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BTC

$75,591.79

1.96%

ETH

$2,824.24

6.93%

BNB

$595.63

2.35%

XRP

$0.55

3.17%

SOL

$191.01

2.78%

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