Bitcoin to Hit $380K-$450K by March 2028? Analyst's Bullish Forecast Sparks Debate

Crypto analyst Sykodelic has predicted that Bitcoin could reach between $380,000 and $450,000 in March 2028. The forecast argues that the current bear market is a mid-cycle correction, rather than the end of the cycle.

This outlook suggests that the broader bull cycle is not yet complete, despite many traders believing that the market topped in October 2025. To support this prediction, Sykodelic used two tools: the 200-week simple moving average multiplied by five and a quantile-95 statistical band already sitting near $330,000.

The analyst pointed out that from Bitcoin's current price level to $380,000 is only a 5.5x move, which is much smaller than the asset's 23x run from $3,000 to $69,000 in 2020.