{"id":2702,"date":"2024-11-14T18:48:36","date_gmt":"2024-11-14T18:48:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2702"},"modified":"2024-11-14T18:48:36","modified_gmt":"2024-11-14T18:48:36","slug":"bitcoin-to-peak-at-180000-says-vanecks-head-of-digital-assets-research","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2702","title":{"rendered":"Bitcoin To Peak At $180,000, Says VanEck&#8217;s Head Of Digital Assets Research"},"content":{"rendered":"<div>\n<p><strong>Matthew Sigel<\/strong>, Head of Digital Assets Research at <strong>VanEck<\/strong>, one of the spot Bitcoin ETF issuers, on Thursday projected <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) to hit $180,000 in this market cycle, driven by strong government support and <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41980737\/bitcoin-is-here-to-stay-poised-for-significant-growth-says-former-td-ameritrade-ceo-joe-moglia\">increasing institutional interest.<\/a><\/p>\n<p><strong>What Happened: <\/strong>As Bitcoin recently surged past $93,000, Sigel <a href=\"https:\/\/x.com\/DegenerateNews\/status\/1857058255240872359\">said<\/a>, \u201cWe think it\u2019s just getting started,\u201d highlighting that the current administration\u2019s <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41770352\/bitcoins-future-under-president-elect-donald-trump-a-look-at-his-crypto-policies\">pro-Bitcoin stance<\/a> has created \u201cblue sky territory\u201d for the cryptocurrency.<\/p>\n<p>Sigel cited previous patterns, noting how Bitcoin doubled between the 2020 election and year-end, and expects similar momentum over the coming quarters. <\/p>\n<p>\u201cOur price target for this cycle is $180,000, which would represent a 1,000% return from the bottom,\u201d &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41984505\/bitcoin-to-peak-at-180000-says-vanecks-head-of-digital-assets-research\" alt=\"Bitcoin\" to peak at says vaneck head of digital assets research>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Matthew Sigel, Head of Digital Assets Research at VanEck, one of the spot Bitcoin ETF issuers, on Thursday projected Bitcoin (CRYPTO: BTC) to hit $180,000 in this market cycle, driven by strong government support and increasing institutional interest. What Happened: As Bitcoin recently surged past $93,000, Sigel said, \u201cWe think it\u2019s just getting started,\u201d highlighting [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2702","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2702"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2702\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}