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.
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.
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.
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.
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.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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