- VanEck Forecast: Investment firm VanEck predicts Bitcoin could reach $180,000 by 2025 due to strong market momentum
- FOMO & Political Shifts: Bitcoin’s post-election surge and growing FOMO among investors are driving repeated all-time highs
- Indicators of Growth: Rising Google searches, app downloads, and advisor interest signal sustained bullish sentiment
Analysts at VanEck are saying that, in a nutshell, Bitcoin looks poised for a new record. Why? It’s FOMO and a political shift in the US that’s fueling this next surge. It’s almost like watching a train gain speed, with no braking in sight.
Post-Election Parabolic Surge
After the US elections, Bitcoin went parabolic to new all-time highs. Indeed, at some point, thanks to that irresistible FOMO, it even reached $93,000. You know, the kind that makes people rush to buy before they miss out.
But soon, it pulled back to $86,000, only to bounce back a little since then. It’s now holding at $89,000. Quite something, isn’t it?
VanEck’s Bold Prediction: $180,000 by 2025
Now, here’s where things get interesting. Despite that sharp dip, VanEck is still predicting Bitcoin will hit $180,000 by 2025. That’s right. They see the future in those bold, bright numbers. Matthew Sigel, VanEck’s head of digital asset research, appeared on CNBC’s “Squawk Box” on November 14, and he couldn’t have been clearer: “We’ve just begun.”
Blue Sky Territory: Bitcoin’s Future Looks Bright
Bitcoin’s now in uncharted waters — what Sigel calls “blue sky territory.” And I think that’s a huge deal. No more resistance standing in the way. It’s like a rocket with no atmosphere to slow it down.
A Solid Base for New All-Time Highs
VanEck’s call for Bitcoin to reach new repeated all-time highs over the coming couple of quarters isn’t some wild guess. The base here is solid. Just take a look at Bitcoin’s 30% rise since November 5. It was at $93,490 on November 13 — a new record. And, of course, there’s that post-election surge in sentiment toward Bitcoin, partly due to Donald Trump’s return to the presidential race.
The $180,000 Target: A Tenfold Increase?
Now, the $180,000 target? That’s a tenfold increase from the lowest point of the current cycle. But Sigel is confident. He points to the accelerating momentum in the market and says, “Our target is $180,000.” And honestly, with the way things are going, I’m starting to believe it’s not just wishful thinking.
Bitcoin Could Double by Year-End
If we take a page from Bitcoin’s post-election performance in 2020, there is a real chance it could double its value between now and the end of the year. So, buckle up. We might be in for one heck of a ride.
VanEck’s Optimistic Forecast for Bitcoin’s Future
In other words, VanEck believes that the next wave of investors’ enthusiasm and political changes in the US will drive Bitcoin to new all-time highs. With a $180,000 target by 2025, BTC is looking explosive. And I don’t know about you, but I’m here for that. Let’s see how that plays out.
