Bitwise CIO Announces Giant Bull Prediction for Bitcoin!
Bitwise CIO Matt Hougan predicted that Bitcoin could reach $500,000.
As Bitcoin continues to break new records, this rally is expected to gain even more momentum in 2025.
At this point, while high levels such as 180 thousand - 200 thousand dollars are among the predictions, Bitwise CIO predicted that Bitcoin could reach 500 thousand dollars.
Bitcoin (BTC) Can Reach 500 Thousand Dollars!
In a recent interview with Yahoo Finance, Bitwise's Chief Investment Officer (CIO) Matt Hougan said that the price of Bitcoin could skyrocket to $500,000 if the US adopts Bitcoin as a strategic reserve asset.
He added that the US adoption of BTC as a reserve asset or similar actions by other countries would cause a massive increase in the value of Bitcoin, with a bigger rally compared to the 2024 bull market
