VanEck: Sigel Bullish on Bitcoin for Q4 2026
VanEck's Matthew Sigel tells CNBC institutions including sovereign wealth funds are buying Bitcoin for Q4 2026 as BTC trades at $80848.86.
SourceAnalysis
VanEck head of digital assets research Matthew Sigel delivered a bullish BTC outlook on CNBC, noting institutional clients such as advisors and sovereign wealth funds continue accumulating ahead of Q4 2026.
Bitcoin currently trades at $80848.86 on the 4h chart inside a bullish trend structure with EMA50 at $77480.36 and EMA200 at $74748.44 acting as concrete support levels. Price is testing upper Bollinger Band resistance at $79839.57 while RSI(14) prints 78.41 in overbought territory and MACD shows a golden cross at 586.83, pointing to a probable healthy retracement toward the 50-EMA before further continuation. This setup aligns with ongoing BTC price prediction models that factor institutional flows rather than retail-driven crypto market crash scenarios.
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