Panic in the Crowd, But Institutions Are Loading Up Bitwise Predicts Fresh #BTC All-Time High.
Bitcoin's dipped under $100K again, sparking "crypto winter" chatter everywhere. Yet Bitwise CIO Matt Hougan sees the silver lining: we're nearing the bottom.
Highlights from Bitwise's CIO
🐷 Retail folks are in full freak-out mode—dumping, getting liquidated, and bailing hard. 🐷 Institutions? They're quietly stacking $BTC and pouring into spot ETFs. 🐷 Inflows to IBIT, FBTC, and GBTC are still green, plus the new Solana ETF (BSOL) pulled in $400M in week one amid the chaos.
Bitwise's Outlook
🐷 "Bottom's close—sellers are tapped out, buyers are locked in." 🐷 New ATH by year-end? Realistic: $125K–$130K; bullish stretch: up to $150K.
Hougan's firm: No winter ahead—the rally's just getting started.
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