Bitwise CIO Says Bitcoin (BTC) At $1 Million Is More Realistic Than Most Investors Think
Reaching $1 million per Bitcoin sounds far-fetched to many investors, but Bitwise Asset Management CIO Matt Hougan says the skepticism is rooted in flawed analysis. Hougan argues that most analysts rely on what he calls “static math” when projecting Bitcoin’s long-term price potential, ignoring how markets actually evolve. The standard valuation approach estimates the size…