VanEck’s head of digital asset research, Matthew Sigel, has outlined a detailed forecast for the cryptocurrency market through 2025.

Sigel predicted Friday that Bitcoin (BTC) will reach $180,000 in the first quarter before experiencing a correction. The analysis projects Ethereum (ETH) reaching beyond $6,000, while coins like Solana (SOL) and Sui (SUI) could achieve $500 and $10, respectively.

Sigel anticipates this initial peak will be followed by a market correction, with Bitcoin pulling back 30% and altcoins experiencing deeper declines of up to 60% during the summer months.

To identify potential market tops, Sigel highlights several key indicators for investors to monitor. The research points to sustained…