#TrendTradingStrategy TrendTradingStrategy Bitcoin is ready for an explosive breakout as institutional demand crushes the limited supply, triggering an unrelenting rise toward all-time highs.

Will Bitcoin reach $200K This Year? Bitwise Says This is Just Phase One

Bitwise’s Chief Investment Officer, Matt Hougan, explained why Bitcoin's sustained rally reflects a lasting shift in market structure, driven by institutional inflows and limited supply. Speaking on CNBC on July 11, Hougan pointed out a significant imbalance between growing institutional demand and Bitcoin's fixed issuance schedule.

"There is an unrelenting demand from corporations and institutional investors, and that is clashing with a severely limited supply," he stated. Bitwise’s Chief Investment Officer highlighted the scale of the mismatch, noting: "The Bitcoin network only produces 450 bitcoins per day. Just yesterday, Bitcoin ETFs bought 10,000 bitcoins." Hougan emphasized that this BTC rally is not a short-term peak, but a structural force that will persist for years. He remarked: "Over those years, there will be this persistent supply where there is more demand than supply. And the natural response to that is what we are seeing in the market, which is the increase in the price of Bitcoin." He predicted: