VanEck Long-Term Model Prediction: Bitcoin's Target Price Will Reach $3 Million by 2050 VanEck, the veteran asset management firm based in New York, shared in its latest interview that their team has developed a long-term model predicting: By 2050, Bitcoin will become a global reserve asset, held by central banks at approximately 2% and used for international trade settlements. Based on this model, Bitcoin's target price is projected to reach $3 million. VanEck pointed out that while this price may sound extreme, it actually represents an annualized growth rate of just 16% over the next few decades, which is "not exaggerated at all." As one of the earliest Wall Street institutions to venture into crypto ETFs, VanEck uses a macro perspective to outline a new global financial landscape where "Bitcoin replaces gold.