tldr; Bitwise CIO Matt Hougan predicts Bitcoin’s price could approach $200,000 by the end of 2025 due to strong institutional demand and limited supply. He highlights that Bitcoin ETFs recently purchased 10,000 BTC in a single day, while the network produces only 450 BTC daily. Hougan also notes growing interest in Bitcoin’s ability to store wealth digitally, especially amid geopolitical uncertainties. He expects persistent demand to drive Bitcoin to new all-time highs over the coming years.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Brandonva804 on
Boy oh Boy my portfolio is up like crazy!!! I bet my ass it drops again when Bitcoin pulls back. It always does 😂😂😂😂
BigDeezerrr on
Why such a bearish prediction?
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tldr; Bitwise CIO Matt Hougan predicts Bitcoin’s price could approach $200,000 by the end of 2025 due to strong institutional demand and limited supply. He highlights that Bitcoin ETFs recently purchased 10,000 BTC in a single day, while the network produces only 450 BTC daily. Hougan also notes growing interest in Bitcoin’s ability to store wealth digitally, especially amid geopolitical uncertainties. He expects persistent demand to drive Bitcoin to new all-time highs over the coming years.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Boy oh Boy my portfolio is up like crazy!!! I bet my ass it drops again when Bitcoin pulls back. It always does 😂😂😂😂
Why such a bearish prediction?