Experts Debate Bitcoin's Future: Predictions Range from $120K to $3 Million
Jan van Eck, CEO of VanEck, predicts Bitcoin will reach $150,000 to $180,000 this cycle, dismissing the possibility of $400,000 until the next cycle. He highlights the US fiscal deficit as a major concern and discusses two fiscal policy approaches in Washington. Van Eck also comments on geopolitical tensions and the importance of regulatory environments for Bitcoin's growth. He notes Bitcoin's high correlation with the NASDAQ as a concern but remains optimistic about its future maturation and investment potential.