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VanEck: Bitcoin could reach $1 million within 5 years
Odaily Planet Daily reports that VanEck Digital Asset Research Head Matthew Sigel states that Bitcoin prices are expected to reach $1 million in the next five years. He compares Bitcoin adoption to video games: from early niche groups gradually becoming mainstream, with particular optimism about the continued increase in allocation by young investors.
However, this prediction remains aggressive compared to the current price of around $80k, and similar optimistic views in the market are mostly from institutions holding positions.