Bitwise CIO Matt Hougan predicts bitcoin will reach $6.5 million in the next 20 years
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Bitwise CIO Matt Hougan stated that bitcoin will reach $6.5 million in the next 20 years, and he expects a stealth bear market in 2025, with favorable market conditions in 2026. In the first quarter of 2025, the price of bitcoin may be between $75,000 and $100,000. In addition, he believes that Kevin Warsh's nomination to the Federal Reserve has a positive impact on the market, and in the future, the amount of bitcoin held by central banks may surpass that of gold. (CoinDesk)
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