The investment manager forecasts Bitcoin reaching $180K within 18 months amid growing optimism and institutional adoption.
Bitcoin’s Path to $180K According to VanEck
Global investment firm VanEck has doubled down on its bullish Bitcoin projection, reaffirming a $180,000 target for the ongoing market cycle. Analysts Nathan Frankovitz and Matthew Sigel attribute their confidence to increasing U.S. regulatory clarity and surging institutional interest.
The prediction comes as Bitcoin flirts with the $100,000 mark, currently trading at $98,500. With indicators signaling sustained momentum, VanEck believes the next bull cycle phase is just beginning.
Historical Insights and Short-Term Outlook
VanEck highlights high perpetual futures funding rates—exceeding 10%—as a sign of strong market momentum. While cautioning against long-term profitability risks with elevated funding rates, they expect continued price gains in the near term.
Matthew Sigel, VanEck’s head of digital asset research, asserts that Bitcoin is in “blue sky territory,” unimpeded by technical resistance. He anticipates repeated all-time highs over the next six months.
Market-Wide Optimism and Additional Projections
Bitget’s Ryan Lee shares a similarly optimistic outlook, predicting Bitcoin could range between $73,000 and $150,000 in the coming months. He also suggests Bitcoin ETFs and discussions about the cryptocurrency as a potential U.S. reserve asset could amplify upward momentum.
#Bitcoin back at massive support!
Market analysts are closely monitoring Bitcoin’s funding rates and liquidation events, with $94,000 seen as a potential trigger for $1 billion in short liquidations.
Investor Sentiment and Adoption Trends
Search interest in Bitcoin and crypto app downloads have surged, with Google searches tripling since early November. These trends signal growing public enthusiasm as Bitcoin approaches historic milestones.
VanEck’s $180,000 target reflects a cautious tenfold increase from Bitcoin’s recent cycle lows, marking a smaller percentage rally than in past cycles but still suggesting robust growth potential.
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