Bitcoin supply crunch boosts confidence in 200,000 USD target for 2025 — Bitwise CIO

Matthew Hougan forecasts Bitcoin to hit 200,000 USD by 2025. The expected production of BTC is 165,000, while institutional demand suggests a mismatch, indicating potential price increases after stabilizing at 100,000 USD.

Bitwise manages approximately 4 billion USD in assets and notes that companies like Strategy are significantly influencing market dynamics, altering traditional Bitcoin cycles and demand.

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