VanEck Analyst Targets Bitcoin at $160K–$2.9M, A 4,815% Run
Matthew Sigel of VanEck projects Bitcoin could rise from $60,000 to as high as $2.9 million, implying a 4,815% return. The layered forecast — using gold multiples, demographic trends, and supply scarcity — carries significant implications for portfolio construction, institutional adoption, and the future of alternative stores of value.