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via Cointelegraph · By Cointelegraph Staff

VanEck Sees Bitcoin Reach $1M on ‘Mega Adoption’ Trend

BTC

BTC/USDT

$59,385.64

-2.41%

$59,385.64

-2.41%

(24s)

24h Volume

$29,813,038,496.90

24h H/L

$61,962.40 / $58,115.01

Change: $3,847.39 (6.62%)

Long/Short

70.8%

Long: 70.8%Short: 29.2%

Funding Rate

+0.0001%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$59,569.62

▼ -0.38%

Volume (24h): -

Resistance Levels

Resistance 3$70,506.94

Resistance 2$63,906.84

Resistance 1$60,995.63

Price$59,569.62

Support 1$59,292.33

Support 2$57,325.32

Support 3$51,387.09

Pivot (PP):$59,642.11

Trend:Downtrend

RSI (14):30.1

Cointelegraph Staff

(12:51 PM UTC)

1 min read

Approved byDavid Kim

1170 views

0 comments

Matthew Sigel, head of digital assets research at investment manager VanEck, said he sees Bitcoin (BTC) reaching seven figures within the next five years.

“Bitcoin going up for us is the base case. We think this asset is going to reach a million dollars over the next several years,” Sigel said on CNBC’s Halftime Report on Wednesday.

Sigel later clarified that BTC is likely to reach that threshold…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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