Prediction markets give Bitcoin only a 9% chance of hitting 1 million by 2030 despite VanEck’s bullish forecast
May 7, 2026
< 1 min read
by Hania Humayun
for CryptoPolitan

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AI Overview
VanEck digital asset head Matthew Sigel told CNBC he expects Bitcoin to reach seven‑figure value (>$1,000,000) before the end of the decade (by 2030), signaling bullish long-term price and adoption outlook for crypto. Prediction markets are less optimistic on the timeline, highlighting market skepticism and short‑term timing risk despite the positive price target; key context for investors tracking BTC price forecasts and crypto market sentiment.
Bullish
A top investment analyst believes the world’s biggest cryptocurrency could reach a seven-figure value before the end of the decade, although prediction markets are less optimistic about the timeline. Matthew Sigel, who leads digital asset research at VanEck, shared his outlook during a Wednesday interview on CNBC’s Halftime Report. He said he expects Bitcoin to...
