Bitcoin Price Prediction from Investment Giant VanEck
Matthew Sigel, Head of Digital Assets Research at VanEck, believes Bitcoin (BTC) could reach $180,000 in the second half of 2025, driven by historic cycle patterns and renewed institutional interest. In a recent interview with David Lin, Sigel outlined his bullish thesis on BTC but cautioned that macroeconomic headwinds still pose short-term challenges.
Sigels forecast is based on a historical analysis of Bitcoins cyclical behavior across previous bull markets. While acknowledging that the current market is macro-driven, he remains optimistic that BTC will break out once broader financial conditions improve.
We need to get through this period of macro uncertainty, Sigel said. But once were on the other side, history suggests theres room for a powerful move higher.
Institutional Demand Surging as Political Climate Shifts
The analyst pointed to a significant increase in interest from traditional investment advisers, especially as regulatory clarity improves and the political climate shifts ahead of the 2024 U.S. election.
My inbound phone calls are up like 300%, Sigel revealed. Advisers who were previously hesitant are now eager to explore Bitcoin ETFs.
VanEck is one of several asset managers behind newly launched Bitcoin ETFs, and Sigels remarks highlight growing comfort among institutional investors who had previously remained on the sidelines.
$450K Long-Term Target If BTC Matches Golds Speculative Demand
Looking beyond 2025, Sigel set a bold price target for BTC one that benchmarks the digital asset against golds market.
About half of golds market is used in jewelry or industry, Sigel explained. But if Bitcoin captures the other 50% the speculative demand that would imply a price of roughly $450,000 per coin.
That projection mirrors the narrative among Bitcoin bulls who view BTC as digital gold, with a potential to eventually match or surpass the market value of gold as a store of value.
The post Bitcoin Price Prediction from Investment Giant VanEck appeared first on Coindoo.
Read more: https://coindoo.com/bitcoin-price-prediction-from-investment-giant-vaneck/
Text source: Coindoo
