VanEck Predicts Bitcoin Pullback as Mid-Cycle Reset, Sees Upside Potential

VanEck believes the recent Bitcoin pullback in October is a natural part of the typical cycle, not a sign of a full-blown bear market. This view is based on factors such as growing ETF inflows and increased liquidity driving the market trends. The company projects Bitcoin’s target price for Q4 2025 to be between $135,000 and $145,000. With an optimistic outlook, VanEck emphasizes that increased global liquidity and institutional Bitcoin ETF inflows will support a continued upward trajectory for Bitcoin, potentially reaching highs of up to $200,000.