NewsBTC
Oct 26, 2025
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VanEck Predicts Bitcoin May Reach $180,000 Amid Bull Market

VanEck’s Mid-October 2025 analysis suggests that Bitcoin could reach up to $180,000 if certain economic factors align. The firm associates Bitcoin's growth with global money supply and futures market dynamics.

Correlation with Global Money Supply

  • Bitcoin shows a 0.5 correlation with global M2 growth since 2014.
  • Global liquidity in major currencies increased from $50 trillion to nearly $100 trillion over the same period.
  • Bitcoin’s price grew approximately 700x during this time.
  • VanEck considers Bitcoin’s current size at about 2% of the global money supply.

Futures Market Influence

  • 73% of Bitcoin’s price variance since October 2020 is linked to futures open interest.
  • Cash collateral for futures contracts is around $145 billion.
  • Open interest peaked at $52B but fell to $39 billion after a significant BTC price drop.
  • Borrowed positions often rapidly unwind, contributing to price volatility.

Market Dynamics and Projections

  • A soft US CPI or eased trade tensions may boost Bitcoin to $130,000–$132,000 by Q1 2026.
  • Short-term targets include $129,200 and $141,000.
  • Price action ranges between $108,000 and $125,000, with a critical support near $108,600.

Bitcoin Correlation

Overall, holding above $108,000 supports an upward trend, while shifts in macroeconomic conditions could redirect capital flows into Bitcoin.