VanEck’s head of digital assets research, Matthew Sigel, says bitcoin could reach $1 million within five years. In comments reported by multiple outlets, Sigel frames the outlook around how mainstream adoption spreads across different user groups. He compares bitcoin’s potential growth and broader uptake to patterns seen in the video game industry, where adoption rises as the product reaches wider demographics over time. The sources describe Sigel’s view as a projection tied to adoption dynamics rather than a short-term prediction based on a single market event. Both reports present the same core claim: bitcoin’s price could move toward $1 million by the middle of the decade, with the analogy used to explain why adoption could expand beyond early enthusiasts. Neither article provides additional, specific supporting data such as required adoption rates, valuation models, or catalysts, but both attribute the $1 million target and the timing to Sigel’s remarks.