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VanEck: Bitcoin price target this cycle is $180,000

VanEck’s Head of Digital Research Matthew Sigel said that Bitcoin is “just getting started.” He has assured that the increase is not likely to lose steam soon, giving Bitcoin a $180,000 price target for this cycle. Speaking to CNBC, Matthew Sigel predicted that the asset will enjoy “repeated all-time highs over the next two quarters.”

Moreover, Sigel noted that the “same pattern played out four years ago,” affirming the cyclical nature of the asset’s bull run. The current trajectory is challenging even the most optimistic BTC price projection. Indeed, the asset is likely to break through the $100,000 mark well before Trump is inaugurated in January.

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