Siebert Analyst Sets $175K Bitcoin Target for 2027
Siebert analyst forecasts $175K Bitcoin within 12 months
Brian Vieten, head of digital assets research at Siebert Financial, said he expects Bitcoin to reach $175,000 within the next 12 months. In a Bitcoin Magazine video published October 19, 2026, Vieten explained his outlook to hosts Grace Remington and Sean Hagan.
He also said Siebert has a Buy rating on Strategy, the company formerly known as MicroStrategy, with a $350 price target for its shares.
Key numbers behind the forecast
- Bitcoin target: $175,000 within the next 12 months
- Strategy price target: $350 per share, with a Buy rating
- Starting point cited: a June low near $58,000
Why Vieten points to the $58K low
Vieten said the June low near $58,000 marked exhaustion among sellers across miners, exchanges, treasury companies, and lenders. He described that low as the starting point for his path to $175,000. He also discussed how big banks have changed the Bitcoin lending market.
Strategy, ETFs, and the GENIUS Act
Vieten said the $350 Strategy price target is based on his $175,000 Bitcoin forecast and does not assume any expansion in mNAV, a measure of how the market values the company relative to the Bitcoin it holds. He also pointed to what he called Strategy's digital credit engine, sticky demand from exchange-traded funds (funds that trade on stock exchanges and track an asset), and the GENIUS Act as factors he believes give Bitcoin a cleaner path forward.
The video description also lists discussion of whether the four-year Bitcoin cycle still matters, what institutions need before increasing their Bitcoin allocations, how the GENIUS Act could drive institutional demand, and how Strategy compares with younger treasury companies that hold Bitcoin.
What is confirmed
- Vieten works as head of digital assets research at Siebert Financial.
- He publicly stated a $175,000 Bitcoin target and a $350 Strategy price target with a Buy rating.
- He cited a June low near $58,000 as a seller-exhaustion point.
- The comments were published by Bitcoin Magazine on October 19, 2026.
What is still unclear
The target is Vieten's forecast, not a confirmed outcome. The source does not state which year the June low near $58,000 occurred in, nor does it provide the exact date of the $350 Strategy target or the size of Siebert's assets under management beyond the figure cited in the headline. The article does not include a detailed breakdown of every data point behind the forecast.
Why this matters
Vieten's views come from a research analyst at an investment firm, so they show how one part of the traditional finance industry is framing Bitcoin and Bitcoin-holding companies. The source presents the forecast as analysis and opinion, and notes that the video's participants' views do not necessarily reflect the positions of BTC Inc., Bitcoin Magazine, or their affiliates.
Sources
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.