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Bitcoin's Active Growth: Experts Predict New Record

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4 hours ago

The rising prospects of Bitcoin evoke market reactions. Noted investor Michael Saylor and VanEck have shared their forecasts.

Michael Saylor Discusses Bitcoin's Growth

Michael Saylor, head of MicroStrategy, is known for his support of Bitcoin. In his latest tweet, he commented on the recent price surge of the cryptocurrency. Saylor described Bitcoin as 'going ballistic', though noting a small pullback with the price dropping to $89,140.

VanEck's Forecasts

Matthew Sigel, head of digital assets at VanEck, expects Bitcoin's price to continue its upward trend. During his appearance on CNBC, he suggested that the price could reach $180,000 next year. Sigel emphasized that the absence of technical barriers allows Bitcoin to set new highs.

Impact of US Political Changes

Sigel noted that changes in the US political landscape, including the idea of creating a strategic Bitcoin reserve, may provide support to the crypto industry.

The latest Bitcoin forecasts highlight its significance and potential impact on the US economic situation.

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