VanEck Bitcoin Prediction: Will BTC Price Hit $180K by 2025?

Bitcoin has been making waves lately, and it’s impossible to ignore. After the U.S. elections on November 5, the cryptocurrency shot up by about 30%, hitting a high of nearly $93,500 by November 13. Just a few days later, it pulled back slightly to $88,100, but the question on everyone’s mind is: what’s behind these dramatic moves?

Some are calling it a short-term rally, while others believe this could be the start of something much bigger. With major predictions from analysts like VanEck, many are now speculating that Bitcoin could reach $180,000 by 2025.

Could Bitcoin really soar that high? Is President Trump’s pro-crypto stance the secret ingredient? Read on to find out.

VanEck’s Bold Prediction

During a CNBC interview on November 14, Matthew Sigel from VanEck shared a big prediction. He believes Bitcoin could reach $180,000 by next year. Sigel thinks the current rally is just the start, comparing it to Bitcoin’s explosive growth in 2020.

If his prediction holds, Bitcoin could see an incredible 1,000% rise from its lowest point. That’s an exciting possibility for those watching the market.

Why More People Are Getting Into Bitcoin

As Bitcoin’s price increases, more investors are starting to take notice. Sigel pointed out that many investment advisers have been reaching out, either to buy Bitcoin for the first time or to purchase more. This growing interest could bring more capital into the market, helping Bitcoin’s price continue to rise.

Although some investors have been hesitant due to unclear crypto regulations, recent developments could change that. On November 14, 18 U.S. states filed a lawsuit against the SEC over its aggressive approach to crypto.

If they win, it could encourage more people to enter the market.

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Expect Volatility, But the Trend Is Upward!

Of course, Bitcoin isn’t exactly known for being stable. Sigel expects there will be some corrections. About 6-10%, just like what happened after the 2020 elections, if Bitcoin follows the pattern. But he thinks the overall trend will still be up.

Looking ahead, if Trump can help clear up the regulatory mess around crypto, Bitcoin could even become a “reserve asset” in the U.S., which would really shake things up. So, will Bitcoin’s rally continue? It looks like it, but we’ll have to wait and see how the next few months unfold.

One thing’s for sure: this ride isn’t over yet.