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@ Layer3.news
2025-02-20 21:03:47
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HERE’S HOW BITCOIN (BTC) COULD SKYROCKET TO $180,000 THIS YEAR, ACCORDING TO VANECK EXECUTIVE MATTHEW SIGEL
https://dailyhodl.com/wp-content/uploads/2025/02/here-how-btc-year.jpg?w=1024
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✍️ Matthew Sigel, head of digital assets research at VanEck, predicts that Bitcoin could reach $180,000 this year, citing the cryptocurrency's past cycles and potential adoption as a reserve asset.
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👉 Bitcoin could reach $180,000 this year if it follows its past cycles
👉 The cryptocurrency's near-term upside potential is around 87% from its current level
👉 Bitcoin could reach $450,000 in the medium term if it surpasses the 50% of the gold market cap level
👉 Sigel's predictions are based on Bitcoin's past cycles, with each cycle producing smaller and smaller returns
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#MatthewSigel #technology
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