VanEck Chief Matthew Sigel Confident in Bitcoin Climb to $180K, Here’s Why

Quick Summary:

VanEck Chief Matthew Sigel recently shared a bullish outlook on Bitcoin.

He indicated that Bitcoin’s ongoing rally is just the beginning, with his firm setting a price target of $180,000 for the next cycle.

He compared the current rally to the period following the 2020 election, noting that Bitcoin doubled in price between November and early 2021.

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Article Details

Author / Journalist: Ronny Mugendi

Category: Crypto

Markets: India

Topics: Bitcoin (BTC) Price VanEck Bitcoin News 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 16:19:10 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 570 words

Reading Time: 4 minutes read

Sentences: 38 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23588531

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Main Topics: Crypto

Official Website: coingape.com

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