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Bitcoin Price Prediction: VanEck Projects $2.9M By 2050 As Price Tests Triangle Apex Near $90K


Bitcoin Price Prediction: VanEck Projects $2.9M By 2050 As Price Tests Triangle Apex Near $90K

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  • Bitcoin trades at $90,600 inside symmetrical triangle as VanEck projects $2.9 million valuation by 2050 with 15% annual returns.
  • Open interest climbs 0.21% to $61.26 billion while volume collapses 70%, showing stagnant positioning ahead of triangle resolution.
  • Long/short ratios hit 2.29 on Binance as traders lean bullish, but price remains trapped below all major EMAs at $90,172-$99,742.

Bitcoin price today trades near $90,600 as asset manager VanEck published a long-term framework projecting BTC could reach $2.9 million by 2050, assuming adoption as a global settlement layer and central bank reserve asset. The valuation arrives as price compresses inside a symmetrical triangle that has narrowed volatility for weeks, setting up a decisive breakout or breakdown.

VanEck Models 15% Annual Returns Through 2050

VanEck’s research, authored by head of digita…

Read The Full Article Bitcoin Price Prediction: VanEck Projects $2.9M By 2050 As Price Tests Triangle Apex Near $90K On Coin Edition.

Read the article at CoinEdition

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