Bitcoin's price maintained its positive trajectory this week, with experts expecting it to continue.
On Thursday, Nov. 14, Bitcoin traded at $91,200, up 115% year-to-date. It outperformed the Dow Jones, Nasdaq 100, and S&P 500.
VanEck head of digital assets Matthew Sigel told CNBC that the Bitcoin price rise had more space to go.
After the US election, he expects the currency to reach new highs in the next quarters. The first pro-crypto president, Donald Trump, has selected Matt Gaetz, JD Vance, Vivek Ramaswany, Elon Musk, and Tulsi Gabbard.
Several freshly elected House members have made pro-crypto sentiments. Sigel also stated that the major indicators his business monitors were remained green. He expects Bitcoin to reach $180,000, about twice its present price.
Polymarket is also Bitcoin-bullish. BTC has a 56% probability of reaching $100,000 this month, according to a 724,000-asset survey.