观点: Bitcoin may return to all-time highs in the next 12 months, with central bank reserve trends driving its globalization
Odaily Odaily News VanEck digital asset research director Matthew Sigel said he expects Bitcoin to retest its all-time high within the next 12 months, as the current correlation between BTC and the Nasdaq index is near a five-year high, and the resilience of the US stock market supports this rebound. However, the derivatives market has not yet shown obvious optimism; futures and options trading mostly reflects short covering and hedging demand. From a contrarian perspective, the Bitcoin rally may still have room to continue.
Matthew Sigel also stated that this year, one central bank has announced it will include Bitcoin in its foreign exchange reserves, meaning BTC is gradually evolving into a global asset suitable for large-scale cross-border settlements, which will become a long-term trend. In terms of investment direction, he is more optimistic about a further increase in Bitcoin's market dominance and Bitcoin mining companies that benefit from the AI integration trend. He believes that mining companies are gradually becoming important beneficiaries of AI infrastructure, and as AI-related business grows, the pressure on mining companies to sell BTC for financing is also decreasing.
Furthermore, Matthew Sigel believes that if the
