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Matthew Sigel predicts Bitcoin will exceed 100,000 USD, boosting altcoin market

Matthew Sigel’s forecast for Bitcoin: Matthew Sigel, director of digital assets at VanEck, asserts that Bitcoin is poised to exceed 100,000 USD, which he considers crucial for the altcoin market’s growth.

Altcoin Season Index indicates bullish trends: The Altcoin Season Index has reached 63, historically indicating a potential 10% rise in Bitcoin’s price within a month whenever it surpasses 60.

Investor interest in Bitcoin during downturns: Despite market fluctuations, experts suggest this downturn offers a great buying opportunity, with Bitcoin’s 5.5% rise recently, reflecting its increasing appeal.

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