VanEck: Bitcoin to Rise Materially in One Year
VanEck's Matthew Sigel forecasts materially higher Bitcoin prices in 12 months driven by Clarity Act, Strategic Bitcoin Reserve and 22+ sovereign adoptions at $63793.
SourceAnalysis
VanEck Head of Digital Assets Research Matthew Sigel reiterated his view that Bitcoin will trade materially higher within one year, citing the Clarity Act, a potential Strategic Bitcoin Reserve and adoption by more than 22 sovereign nations as key catalysts.
Current price action on the 4h chart shows BTC at $63793.44 holding above the EMA50 support at $62295.87 while pressing against the upper Bollinger Band resistance at $64100.41; with RSI at 59.68 remaining neutral and MACD printing a death cross, a measured pullback toward the EMA50 before continuation remains the base case for institutional desks.
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