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Here’s How Bitcoin (BTC) Could Skyrocket to $180,000 This Year, According to VanEck Executive Matthew Sigel

The head of digital assets research at VanEck believes that Bitcoin has significant upside potential. He suggests that over the near term, Bitcoin could increase by around 87% from its current price if it behaves similarly to previous market cycles. This would result in a price of roughly $180,000 for this cycle, with a peak expected in the fourth quarter of this year. Furthermore, if Bitcoin is widely adopted as a reserve asset, it could surpass 50% of the gold market cap and reach a price target of $450,000 over the medium term. At the time of writing, Bitcoin is trading at $96,173.

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