VanEck Projects $180K Bitcoin Price Target for 2025, Cites “No Technical Resistance”

Investment management firm VanEck has set an ambitious price target of $180,000 for Bitcoin by 2025, bolstered by growing institutional interest and the cryptocurrency’s strong performance following Donald Trump’s re-election as U.S. president.

Bitcoin in “Blue Sky Territory”

Speaking on CNBC’s Squawk Box on November 14, Matthew Sigel, VanEck’s head of digital assets research, declared Bitcoin is entering “blue sky territory,” where no technical resistance could hinder its upward trajectory.

“It is just getting started,” Sigel stated, predicting repeated all-time highs over the next two quarters.

Bitcoin recently surged nearly 30% since November 5, reaching a record $93,490 on November 13. Despite a minor cooldown, it remains strong, trading around $88,100 as of November 15.

VanEck’s Bullish Target

VanEck’s $180,000 price projection reflects a tenfold increase from Bitcoin’s cycle low, making this rally smaller in percentage gains compared to previous cycles. However, Sigel noted indicators like search interest, app downloads, and institutional inquiries show continued market momentum.

• Search Interest: Google searches for “Bitcoin” have tripled since early November, though they remain below 2021 levels.
• App Downloads: Coinbase ranks as the top finance app in Apple and Google Play stores, signaling growing public interest.

Sigel compared Bitcoin’s current performance to its post-election rally in 2020, when the cryptocurrency doubled in value between Election Day and year-end.

Institutional Inflows Driving Demand

Ryan Lee, Chief Analyst at Bitget Research, highlighted substantial inflows from traditional funds through Bitcoin ETFs as a major driver of the recent rally. Lee noted the possibility of Bitcoin being adopted as a U.S. reserve asset, a narrative fueled by comments from President-elect Trump at the Nashville Bitcoin Conference.

“Should Bitcoin become a U.S. reserve asset, it could trigger net inflows amounting to hundreds of billions of dollars, pushing BTC to new heights,” Lee stated.

Lee’s short-term price projection ranges from $82,000 to $110,000, with a six-month target of $73,000 to $150,000. He also pointed out that if Bitcoin surpasses $94,000, it could trigger $1 billion in short liquidations, further accelerating price momentum.

Outlook for 2025

With institutional demand rising, technical barriers absent, and regulatory clarity expected next year, analysts predict another historic Bitcoin cycle. VanEck’s bullish outlook positions Bitcoin as a key asset in both retail and institutional portfolios.