Matt Hougan, Chief Investment Officer at Bitwise, a crypto asset management firm, predicts a significant Bitcoin price surge by the end of 2025. He believes unrelenting institutional demand, coupled with Bitcoin’s limited supply, will drive the price up considerably.
Institutional Demand Fuels Bitcoin’s Rise
Hougan highlighted the intense buying pressure from corporations and institutional investors. He pointed out that Bitcoin’s daily production is capped at only 450 coins, while recent ETF purchases alone totaled 10,000 Bitcoin in a single day. This imbalance between supply and demand, he argues, is the primary driver behind the price increase. He expects this trend to continue for years, leading to new all-time highs. Hougan’s prediction? Bitcoin could reach close to $200,000 by the end of the year.
Geopolitical Uncertainty Boosts Bitcoin’s Appeal
Beyond pure market dynamics, Hougan also cited growing interest in Bitcoin’s utility, especially amidst global uncertainty. He emphasized Bitcoin’s role as a digital store of wealth, independent of traditional banking systems. He believes that increasing geopolitical tensions and economic instability are driving more people to seek this alternative. This, combined with general market sentiment, is contributing to the rising demand.
Disclaimer: This information is for general knowledge and shouldn’t be considered investment advice. Always conduct your own thorough research before making any investment decisions.
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