投資巨頭Vaneck的比特幣（BTC）價格預測

隨著傳統的財務繼續升溫數字資產，一位著名的投資分析師看到比特幣有望進行重大突破的跡象。

As the crypto market continues to heat up, one investment giant is making a bold prediction about Bitcoin’s price in the next few years.

隨著加密貨幣市場的繼續升溫，一位投資巨頭在未來幾年對比特幣價格做出了大膽的預測。

With traditional finance institutions increasingly turning their attention to digital assets and the political landscape setting the stage for new developments, the groundwork may be forming for the next major chapter in crypto’s evolution.

隨著傳統的金融機構越來越多地將注意力轉移到數字資產上，而政治景觀為新發展奠定了基礎，因此，基礎工作可能是加密演變的下一個主要章節。

And according to Matthew Sigel, Head of Digital Assets Research at (NYSE:) (OTC:VNCEQ), this surging interest, combined with historic cycle patterns, could propel BTC to heights of $180,000 by the second half of 2025.

根據（NYSE ：）（OTC：VNCEQ）數字資產研究負責人Matthew Sigel的說法，到2025年下半年，這種激增的興趣與歷史性週期模式相結合，可能會使BTC達到180,000美元。

Sigel shared his bullish thesis on BTC with David Lin, host of interview series.

Sigel與採訪系列的主持人David Lin在BTC上分享了他的看漲論文。

While acknowledging that the current market is “macro-driven,” which poses short-term challenges, the analyst explained how his forecast is based on a historical analysis of Bitcoin’s cyclical behavior across previous bull markets.

分析師承認當前市場是“宏觀驅動的”，但它帶來了短期挑戰，但他解釋了他的預測是基於對先前牛市比特幣週期性行為的歷史分析的基礎。

“We need to get through this period of macro uncertainty. But once we’re on the other side, history suggests there’s room for a powerful move higher.”

“我們需要度過這一宏觀不確定性時期。但是，一旦我們站在另一側，歷史表明，有強大的舉動的空間。”

The analyst noted a significant increase in interest from traditional investment advisers, especially as regulatory clarity improves and the political climate shifts ahead of the 2024 U.S. election.

這位分析師指出，傳統投資顧問的興趣大大增加，尤其是隨著法規清晰度的改善，政治氣候在2024年美國大選之前的轉變。

“My inbound phone calls are up like 300%. Advisers who were previously hesitant are now eager to explore Bitcoin ETFs.”

“我的入站電話大約300％。以前猶豫的顧問現在渴望探索比特幣ETF。”

Among several asset managers behind newly launched Bitcoin ETFs, VanEck is a major player in the space.

在新推出的比特幣ETF背後的幾位資產經理中，Vaneck是該領域的主要參與者。

As institutions become more comfortable investing in crypto, and with several new Bitcoin ETFs recently hitting the market, Sigel’s remarks highlight a broader shift in sentiment among institutional investors who had previously remained on the sidelines.

隨著機構對加密貨幣的投資變得更加自在，並且最近有幾家新的比特幣ETF上市，Sigel的講話突出了以前一直留在場地上的機構投資者中情緒的更大轉變。

If Bitcoin is to reach such high valuations, it will require not only the continuation of the current bull market but also the potential for even greater levels of capital appreciation.

如果比特幣要達到如此高的估值，它不僅需要當前牛市的延續，而且還需要更高水平的資本增值。

To put things in perspective, Sigel further broke down how this price target compares to Bitcoin’s current price level and the implications for broader market trends.

為了透視事件，Sigel進一步打破了該價格目標與比特幣目前的價格水平以及對更廣泛的市場趨勢的影響。

“About half of gold’s market is used in jewelry or industry. But if Bitcoin captures the other 50%—the speculative demand—that would imply a price of roughly $450,000 per coin.”

“大約一半的黃金市場用於珠寶或行業。但是，如果比特幣捕獲了其他50％（投機性需求），那將意味著每枚硬幣的價格約為450,000美元。”

This projection ties into the narrative often espoused by Bitcoin bulls who see BTC as “digital gold.” In this narrative, Bitcoin is poised to inherit a significant portion of the speculative capital that is currently invested in gold, owing to Bitcoin’s role as a decentralized and scarce asset class.

這種投影與比特幣公牛所擁護的敘述有關，他們將BTC視為“數字黃金”。在這種敘述中，由於比特幣作為分散和稀缺的資產類別的作用，比特幣有望繼承當前投資黃金的投機資本的很大一部分。

As the narrative goes, the more capital flows into Bitcoin, the higher its price will go, eventually placing it in a price bracket comparable to gold at the peak of its speculative demand.

隨著敘述的發展，資本流入比特幣的越多，其價格就會越高，最終將其放置在其投機需求達到頂峰時的價格等級。

This optimistic outlook on Bitcoin’s price potential is shared by other industry figures, who see the cryptocurrency poised for substantial gains in the years to come.

對比特幣價格潛力的這種樂觀的前景是其他行業人物共享的，他們認為，在未來幾年中，加密貨幣有望為可觀的增長。