Asset management firm VanEck forecasts a massive bull run for cryptocurrencies. It predicts Bitcoin will reach as high as $180K, and other major digital assets will reach record highs by the end of 2025. The firm projected in a December 13 blog post that the cryptocurrency bull market will experience a “medium-term peak” in the first quarter of 2025 before a period of consolidation and eventual recovery leads to new all-time highs. VanEck Predicts Bitcoin at $180K and Ethereum Above $6K in the Next Market Cycle According to a blog post published on December 13 by Matthew Sigel, VanEck’s head of digital asset research, at the anticipated market peak, VanEck expects Bitcoin (BTC) to reach approximately $180,000, with Ethereum (ETH) surpassing $6,000. Other major cryptocurrencies, including Solana (SOL) and Sui (SUI), could see valuations exceeding $500 and $10, respectively. However, the firm forecasts a summer correction, with Bitcoin facing a 30% retracement and altcoins potentially declining by up to 60%. Despite these setbacks, VanEck expects a recovery by the fall, with major tokens regaining momentum and achieving new highs before the end of the year. NEW: Spot #Bitcoin ETF issuer VanEck is predicting in 2025: – $180,000 bitcoin price – Banks will be allowed to custody bitcoin – US will adopt Strategic Bitcoin Reserve – Bitcoin ETFs will support in-kind creations & redemptions THIS WOULD BE MASSIVE pic.twitter.com/l6JyjFaaRc — Nikolaus Hoffman (@NikolausHoff) December 13, 2024 The firm has identified several key indicators to monitor for signs of speculative market peaks. For example, high funding rates on Bitcoin perpetual futures above 10% for three months could indicate speculative excess. Similarly, many Bitcoin holders with unrealized profits exceeding a 70% profit-to-cost ratio suggest market euphoria. An overvalued market cap relative to realized value, measured by MVRV scores above 5, often signals overheated conditions. Additionally, a decline in Bitcoin’s dominance below 40% could indicate late-cycle speculative shifts into riskier altcoins. Increased speculation from non-crypto-savvy individuals is also a warning sign of mania near a market top. The blog post also reflects on previous predictions made by Sigel, including a projection that Bitcoin could climb to $2.9 million per coin by 2050 and Ethereum reach $22,000 per token by 2030 . Trump’s Pro-Crypto Administration: A Boost for Bitcoin Institutional Adoption? The market outlook for Bitcoin reflects growing bullish sentiment among experts. Cathie Wood, CEO of ARK Invest, has predicted BTC will surpass $1 million by 2030 , citing increased participation from major investment banks like Morgan Stanley and Bank of America. Similarly, Henry Arslanian, co-founder of Nine Blocks Capital Management, believes President-elect Donald Trump’s pro-crypto administration will drive institutional adoption. In a November 6 X post , he highlighted opportunities for asset managers and family offices to enter the U.S. crypto market. What is the impact of Trump’s win on the #Bitcoin and #Cryptocurrency markets? 3 things to watch: – change of US regulatory stance – further entry of institutional investors – wave of M&A in the space pic.twitter.com/9rJAJNO6h9 — Henri Arslanian (@HenriArslanian) November 6, 2024 Analysts are optimistic about Bitcoin’s price trajectory. Crypto research firm 10x Research suggests BTC could reach $100,000 by January 2025 , noting historical patterns where a six-month high typically leads to a 40% median gain over three months. Independent analyst Mags also predicts Bitcoin could hit $250,000 within a year , referencing its 360% post-election rally in 2020 and potential similar growth in 2024. MicroStrategy’s bold Bitcoin strategy continues to yield massive returns. Since 2020, the firm has invested $23.5 billion to amass over 400,000 BTC, equivalent to 2% of Bitcoin’s total supply. As of December 7, its holdings are valued at $40 billion, with an unrealized profit of $16.5 billion—a 70% return on capital. The post VanEck Predicts $180K Bitcoin, US Strategic Reserve, and Bank Custody by 2025 appeared first on Cryptonews .
