Second Bitcoin ETF issuer predicts BTC hitting $1M – but cuts timeline to within the next US Presidential term
CryptoSlate
VanEck's Matthew Sigel predicts Bitcoin could reach $1 million by the next US Presidential term, signaling growing institutional optimism for long-term growth.Summary
VanEck's Matthew Sigel has projected that Bitcoin could reach a price of $1 million within the next US Presidential term. This forecast aligns with other long-term institutional models, such as those from Bitwise, which suggest that Bitcoin's value will climb as it captures a larger share of the global store-of-value market. While these ambitious targets are gaining attention, market experts emphasize that the current focus remains on whether institutional demand from spot ETFs can consistently absorb sell-side pressure to establish a firm base above $80,000.
(Source：CryptoSlate)