Bitwise's Chief Investment Officer, Matt Hougan, reaffirmed the firm's bullish stance on Bitcoin, maintaining a price target of $200,000 for 2025. Hougan attributes this optimism to robust institutional demand for the leading cryptocurrency. However, he expressed caution regarding the potential for Ethereum (ETH) and Solana (SOL) to reach new highs this year, indicating a more reserved outlook for these altcoins.