{"id":77091,"date":"2026-08-21T09:37:35","date_gmt":"2026-08-21T09:37:35","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-approaches-80000-as-vanecks-sigel-sees-100000-target-by-2027\/"},"modified":"2026-08-21T09:37:35","modified_gmt":"2026-08-21T09:37:35","slug":"bitcoin-approaches-80000-as-vanecks-sigel-sees-100000-target-by-2027","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-approaches-80000-as-vanecks-sigel-sees-100000-target-by-2027\/","title":{"rendered":"Bitcoin Approaches $80,000 as Vaneck&#8217;s Sigel Sees $100,000 Target by 2027"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Vaneck\u2019s Matthew Sigel maintains a $100,000 bitcoin call for 2027 and a $500,000 target for 2029.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitcoin is trading near $79,000 on August 21, still well below its all time high.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Vaneck\u2019s mid-August Chaincheck found 8 of 12 capitulation signals flashing as of August 18.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>A Target That Hasn\u2019t Moved<\/h2>\n<p>Sigel reiterated his stance on television this week, telling CNBC he still <a href=\"https:\/\/x.com\/BitcoinArchive\/status\/2090532220775633055\" target=\"_blank\" rel=\"noopener noreferrer\">expects bitcoin to climb to $100,000 next year<\/a> and that $500,000 by 2029 remains achievable if the current cycle plays out as usual.<\/p>\n<p><\/p>\n<p>He first made the case in April, when he told reporters that $100,000 within a year was totally reasonable, a time when bitcoin was trading around $68,510. However, the latest call comes when institutional inflows have been steadying and President Trump has ushered in a pro-crypto policy backdrop, which has already <a href=\"https:\/\/news.bitcoin.com\/altcoins\/trumps-hyperliquid-name-drop-sends-hype-charging-toward-record-highs\/\">produced a string of new all-time highs.<\/a><\/p>\n<p>Sigel\u2019s numbers also sit inside a wider band of Wall Street forecasts given that he has separately circulated <a href=\"https:\/\/x.com\/matthew_sigel\/status\/1998034157004288004\" target=\"_blank\" rel=\"noopener noreferrer\">Bernstein\u2019s view<\/a> that the four-year halving cycle has effectively broken down, with sticky institutional buying via exchange-traded funds offsetting retail panic selling during the current correction.<\/p>\n<p>Bernstein\u2019s own <a href=\"https:\/\/news.bitcoin.com\/analysts-double-down-on-150k-bitcoin-as-market-faces-weakest-bear-case\/\">target puts a 2026 year-end price near $150,000<\/a> and a cycle peak around $200,000 in 2027, broadly consistent with the $180,000 to $500,000 range Vaneck is working from, even if the exact timing differs firm to firm.<\/p>\n<h2>A Trillion-Dollar Treasury Bet<\/h2>\n<p>Vaneck\u2019s longer-dated $500,000 target rests on a different pillar, i.e. government accumulation. The firm\u2019s research ties the 2029 figure to the <a href=\"https:\/\/www.congress.gov\/bill\/118th-congress\/senate-bill\/4912\/all-info\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin Act of 2024<\/a>, proposed legislation that would direct the U.S. Treasury to acquire up to 1 million BTC by 2029, roughly 4.8% of total supply.<\/p>\n<p>The firm believes sovereign purchases on that scale would create a self-reinforcing demand cycle, where government buying validates bitcoin as a reserve asset and pulls other sovereigns toward similar allocations.<\/p>\n<p>That said, the bullish multi-year targets sit awkwardly next to Vaneck\u2019s own near-term data. The firm\u2019s mid-August Chaincheck report found <a href=\"https:\/\/news.bitcoin.com\/crypto-news\/vaneck-bitcoin-capitulation-signals-august-2026\/\">8 of 12 signals flashing capitulation<\/a> as of August 18, with all 12 having touched capitulation territory at some point over the prior three months. Long-term holders sold 356,000 BTC in 30 days, pushing their share of total supply below 60% for the first time in months, a pattern historically associated with investor exhaustion near cycle lows.<\/p>\n<p>Vaneck\u2019s researchers pointed to a potential turning point between September and November, based on past corrections averaging 12.7 months from peak to trough. They also flagged a caveat worth keeping in mind, i.e. historically, periods when this many capitulation signals fire at once have produced forward 90-day and 180-day returns that came in below bitcoin\u2019s typical baseline, meaning the signals are better at flagging stress than timing an exact bottom.<\/p>\n<h2>Bullish Moves Ahead<\/h2>\n<p>Vaneck is effectively arguing that the current stretch near $80,000 is noise within a multi-year uptrend that still points toward six figures in 2027 and a much higher figure by the end of the decade. Whether that assertion holds now depends on two separate timelines converging, namely a near-term recovery playing out on the scale of months, and a Treasury accumulation program. Interesting few days ahead, to say the least!<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/crypto-news\/vaneck-sigel-bitcoin-100000-500000-2029\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Vaneck\u2019s Matthew Sigel maintains a $100,000 bitcoin call for 2027 and a $500,000 target for 2029. Bitcoin is trading near $79,000 on August 21, still well below its all time high. Vaneck\u2019s mid-August Chaincheck found 8 of 12 capitulation signals flashing as of August 18. A [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":77092,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77091"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=77091"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77091\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/77092"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=77091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=77091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=77091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}