Bitcoin Price Could Explode to $1,000,000 Based on These ‘Reasonably Conservative Assumptions,’ Says Bitwise CIO Matt Hougan
The chief investment officer of Bitwise Asset Management says Bitcoin could reach $1 million under what he describes as “reasonably conservative assumptions. ” In a new memo titled “How Bitcoin Gets to $1 Million”, Matt Hougan argues that many analysts underestimate Bitcoin’s long-term potential because they treat the global store-of-value market as static.
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