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Bitcoin Could Reach $1 Million Within Five Years, According To New Institutional Forecast
Major institutional investors continue raising their long-term Bitcoin targets as adoption expands across Wall Street, corporations, and even central banks.
Gab | Crypto & Trading4 min read·Just now--
Bitcoin’s long-term bull case is becoming increasingly aggressive among institutional investors — and VanEck’s Matthew Sigel just added another major prediction to the list.
During a recent appearance on CNBC’s Halftime Report, Sigel, who leads digital asset research at VanEck, said Bitcoin reaching $1 million within the next several years remains the firm’s “base case” scenario.
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While the prediction may sound extreme at first glance, Sigel argues that Bitcoin’s adoption curve is still in its early stages and could evolve similarly to how other transformative industries expanded over time.
