VanEck analysts forecast Bitcoin price will hit $180,000 in 18 months, by favorable regulations, rising institutional interest, and a changing market structure, though they caution about short-term risks.
VanEck has reaffirmed Bitcoin price target of $180,000, predicting the cryptocurrency will reach this level within 18 months. In a detailed report released on November 21, analysts Nathan Frankovitz and Matthe Sigel indicated that Bitcoin is entering the next phase of its bull market, which they believe that it has just begun.
Bitcoin’s recent price surge, which hit a 24-hour high of $99,800, is mostly surrounding U.S. President Donald Trump’s re-election victory. Trump’s presidency has been marked by policies that are crypto-friendly environment. These policies include regulatory clarity and increased support for digital assets.
Currently, Bitcoin is trading at $98,500, which is 1.5% away from $100,000 milestone. Many analysts believe Bitcoin price could surpass $100,000 by the end of the year or may be within days.
VanEck Analysts’ Bitcoin Price Prediction
VanEck’s analysts intended that the next phase of the crypto bull market is still in its early stages. And there will be increased institutional involvement and greater regulatory clarity as promised by President- Elect Trump.
The surge in Bitcoin’s perpetual futures contracts funding rates, is one of the indicators by the analysts, which exceeded 10% as of November 11. Elevated funding rates have been linked to higher 30- to 90-day returns, suggesting that Bitcoin’s price could continue to rise soon.
VanEck analyst cautions that while high funding rates signal short-term momentum, they may indicate market overheating. Previous data shows lower returns over 6 months to 2 years for purchases made during such periods will be advisable for long-term investors.
The analysts highlighted key factors such as an increasingly favorable regulatory environment in the United States and growing institutional interest, Bitcoin’s market dominance has reached 59% and changes at the SEC, includes crypto ETFs more tax-efficient environment and many regional adoptions made primary catalyst for Bitcoin’s continued upward trajectory.
They also noted that Bitcoin’s market structure has shifted in recent years. Once a niche asset, Bitcoin has become a widely recognized financial instrument especially by the officials. Because of that Bitcoin is gaining more liquidity and supporting its long-term growth potential. Once the crypto market matures and adoption increases, Analysts believe that Bitcoin will becoming more popular, and it could go higher.
As Bitcoin Price inches closer to the $100,000 mark, with growing institutional backing and favorable political and regulatory conditions, VanEck’s analysts are confident in their $180,000 price target, that they think this target will be possible despite some short-term risks.
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