Bitcoin Can ‘Hit’ $500,000 by 2029, Says VanEck’s Matthew Sigel Provided the Cycle ‘Plays Out as Usual’August 21, 2026 VanEck’sHead of Digital Asset Research Matthew Sigel reiterated on Thursday his $100,000 Bitcoin(CRYPTO: BTC) price target for 2027, adding that $500,000 by 2029 is also plausible if the cycle “plays out as usual.”