Key takeout:
- Matt Hougan predicts that the price of Bitcoin will exceed $ 200 million in 2025.
- Trump’s encryption command sets a stage for greater institutional adoption.
- States like Texas are leading their efforts to establish Bitcoin reserves.
Bitwise’s chief investment officer, Matt Hougan, expressed his optimism about Bitcoin’s future, which was promoted by President Donald Trump’s recent pro -Krypto administrative order. HOUGAN believes that this order can expand the Bitcoin bull market beyond the four -year cycle. Historically, Bitcoin, which alternates between the strength and weakness, followed the four -year cycle, can see that this trend is changed by Trump’s regulatory approach.
Trump’s administrative order is expected to prioritize digital assets and increase institutional interest in Bitcoin by establishing a clear regulatory framework. This action aims to create a transparent environment for digital currencies that attract capital from major financial companies such as banks, asset managers and companies. HOUGAN predicted that Bitcoin’s price would exceed $ 200,000 in 2025 due to the increase in the inflow of ETF and the surge in institutional investment.
Bitcoin’s market behavior changes
Historically, Bitcoin’s market has been marked with three years of bull and one -year revision. However, according to HOUGAN, as the involvement of institutional investors increases, clear regulations can interfere with this cycle. As large companies entered the market, the price of Bitcoin stabilized the price of the market, reducing the seriousness of the market.
The expansion of Crypto Market is also reflected in the acts by many states in the United States. Texas, Utah, Oklahoma and Massachusetts Texas have been prioritized in accordance with the 2025 agenda. The participation of this week also signs further signal that institutional and government acceptance of Bitcoin is increasing.
Spot Bitcoin ETF and corporate investment
In early 2024, the approval and launch of SPOT BITCOIN ETFs has already contributed to Bitcoin’s recent surge. According to HOUGAN, these development and corporate bitcoin purchases will continue to grow in the next few years.
In addition, Bitcoin’s historical tendency to recover strongly in market correction suggests a favorable outlook despite volatility.