Bitcoin’s Price Could Reach $180,000 in 2025, According to VanEck Analyst
Matthew Sigel, the Head of Digital Assets Research at VanEck, has made a bold prediction that Bitcoin could surge to $180,000 in 2025 if certain key indicators remain subdued. In a recent podcast interview with host Natalie Brunell, Sigel highlighted a consistent four-year pattern in Bitcoin’s price movement that has persisted across multiple market cycles.
The VanEck analyst explained that Bitcoin typically outperforms nearly every other asset class for three years out of each four-year halving cycle, followed by a significant correction in the fourth year. This correction, which usually ranges from 60% to 80%, tends to occur around two years after the Bitcoin halving event.
Given that the most recent Bitcoin halving took place in April 2024, Sigel believes that 2024 and 2025 could be strong years for the cryptocurrency. He stated, “The down year typically occurs in the second year after the halving. The Bitcoin halving occurred in April of this year. So 2024 should be a strong year, 2025 should be a strong year. I think 2026, unless something changes, would be a down year.”
Drawing on historical data, Sigel referenced the smallest trough-to-peak appreciation in Bitcoin’s previous cycles, which was approximately 2,000%. Even if this figure were to halve to 1,000%, Sigel pointed out that Bitcoin could potentially surge from a low of around $18,000 to as high as $180,000 in the current cycle. He added, “So I see an upside to $180,000 this cycle, and I think that’s likely to happen next year.”
However, Sigel noted that Bitcoin’s volatility means that the price could surpass or fall short of this target. He highlighted that $180,000 represents a plausible goal for 2024 if the established pattern continues and no major warning signs appear.
The VanEck analyst also outlined key topping signals that traders should monitor. These include derivatives funding rates exceeding 10% for an extended period, high levels of unrealized profits on the blockchain, and widespread retail leverage or speculation. Sigel emphasized that if these risk indicators align at a specific price point, caution is warranted.
Looking ahead, Sigel discussed the potential for Bitcoin to reach a valuation comparable to half of gold’s market capitalization, which could drive the price towards $450,000 per coin in the next cycle. He also envisioned a scenario where global central banks hold Bitcoin as part of their reserves, potentially leading to a valuation of $3 million per coin by 2050.
As of the latest data, Bitcoin is trading at $107,219. The cryptocurrency market continues to evolve, and analysts like Sigel are closely monitoring key indicators to predict future price movements.
The original article can be found here. the perspective of a first-time homebuyer about the process of purchasing their first home.
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