Briefly, Bitcoin shows no sign of stopping and still continues its strong bullish trend, with experts and analysts strongly expecting further and more gains in upcoming quarters. Matthew Sigel who’s head of digital assets of widely known VanEck shares his point of view of bitcoin having $180,000 base case price in 2025, citing pro-crypto policies and technical indicators, which to us mere mortal seems absurd.
Pro-Crypto Sentiment Boosts Bitcoin Outlook
Since Bitcoin managed to hit all-time high of over $90,000 and an outstanding performance of 115% gain, investors and even crypto enthusiasts have their interest peaked. VanEck’s Sigel in his recent CNBC interview had only positive things to say about current Bitcoin rampage. Sigel not only had positive things to say about this Current raid boss of cryptocurrency i.e. Bitcoin, but he went ahead and stated that he and his firm expects Bitcoin’s price to continue to break all limit with a base projection of $180,000 for 2025.
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Analyst Predictions Mixed Amid Bullish Signals
Even though Bitcoin seems to be on a rampage right now with nothing to stop its advance some analysts are still skeptical and don’t seem to believe the data provided by Polymarket which suggests a 56% chance of bitcoin reaching $100,000. However, Critical Analyst might be somewhat correct because we’ve also covered similar topic of Bitcoin and Ethereum being overbought which could potentially cause a short term decline.
