[Opinion: Bitcoin May Return to Historical Highs in the Next 12 Months, Central Bank Reserve Trends Driving Its Globalization] Odaily Planet Daily News – Matthew Sigel, Head of Digital Asset Research at VanEck, stated that he expects Bitcoin to revisit its historical highs within the next 12 months, as the current correlation between BTC and the Nasdaq Index is at a near five-year high, with the resilience of the U.S. stock market supporting this round of rebound. However, the derivatives market has yet to show significant optimism, with futures and options trading reflecting more short-covering and hedging demand. From a contrarian perspective, Bitcoin's upward momentum may still have room to continue. Matthew Sigel also noted that a central bank has already announced this year that it will include Bitcoin in its foreign exchange reserves, indicating that BTC is gradually evolving into a global asset usable for large-scale cross-border settlements, which will become a long-term trend. In terms of investment direction, he is more optimistic about Bitcoin's market share further increasing, as well as Bitcoin mining companies benefiting from the integration trend with AI. He believes that mining companies are gradually becoming key beneficiaries of AI infrastructure, and as AI-related business grows, the pressure on mining companies to sell BTC for financing is also decreasing. Additionally, Matthew Sigel believes that if the 'CLARITY Act' is ultimately passed, it could reinvigorate sentiment in the altcoin market. However, most institutional investors remain cautious about the majority of altcoins due to regulatory and investor protection concerns.