Bitwise Investment's Chief Investment Officer, Matt Hougan, forecasts a promising future for Bitcoin, predicting it will reach $6.5 million within the next two decades. Hougan also views the potential nomination of Kevin Warsh to the Federal Reserve as a positive development for the cryptocurrency market.
Looking ahead to 2025, Hougan anticipates a masked bear market, with Bitcoin trading between $75,000 and $100,000 in the first quarter. He further suggests that central banks will eventually hold more Bitcoin than gold, indicating a significant shift in global reserve strategies.
Bitwise CIO Predicts Bitcoin to Hit $6.5M in 20 Years
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