Price Target
Macro strategist Henrik Zeberg predicts Bitcoin (BTC) could skyrocket over 64% to $110,000-$115,000 by the third quarter of this year.
“We’re hours or days away from a big move starting again,” Zeberg said. “I think we’re going to see a very big move coming into mid-June.”
Economic Outlook
Zeberg also forecasts a US economic recession before the end of 2024.
“I see that the recession probably sets in by Q4 this year, could be October, November, December,” he said.
Zeberg believes the stock market will peak two months before the recession hits.
Market Rotation
Zeberg predicts a rotation of capital from Europe and Asia into the US market.
“I’m bullish the US market at this point,” he said. “I am bullish small caps because I also think there’ll be a rotation from from large caps into small caps.”
