The price of Bitcoin (BTC) could reach $180,000 in the current growth cycle, which is likely to last until 2025. This opinion was expressed by Matthew Siegel, head of digital asset research at VanEck, in an interview for CNBC Squawk Box. He compared the current post-election rally of cryptocurrencies to a similar period after the 2020 U.S. presidential elections.
"As we expected, after the elections, Bitcoin experienced a surge of high volatility. We are now in a new peak zone, with no technical resistance, and in our opinion, over the next two quarters, Bitcoin could repeatedly update historical highs," Siegel stated, referring to the financial periods ending in March and June 2025.