Amid Bitcoin’s significant surge, investment firm VanEck has set an ambitious target for the cryptocurrency to reach $180,000 by 2025. Matthew Sigel, the head of digital asset research at VanEck, stated in an interview with CNBC that the current bullish trend of Bitcoin is just the beginning of a larger upward movement. He added:
“We are now in a region where there is no technical resistance, and we believe that in the next two quarters, we will set new records repeatedly.”
However, not everyone shares this optimism. Peter Schiff, a well-known Bitcoin critic, expressed doubts about this trend on social media, directing his criticisms towards the influence of Bitcoin supporters. He wrote:
“Bitcoin is a threat to those who hold it or invest in related transactions.”
