🚀 Bitwise CIO Predicts Bitcoin to Hit $100K by Year-End! 📈
Matt Hougan of Bitwise outlines key factors driving Bitcoin's potential surge:
▪️Spot Bitcoin ETFs: Over $15B net inflows since January.
▪️Bitcoin Halving: April's supply reduction to boost prices.
▪️Spot Ethereum ETFs: Expected $15B net inflows in 18 months.
▪️Political Shifts: Pro-crypto super PACs and GOP support.
▪️Fed Rate Cuts: Predicted by year-end, favorable for crypto.
👀 Short-term hurdles include Mt. Gox distributions and government bitcoin sales, but Hougan sees these as temporary. He believes the right mix of developments could push Bitcoin to $100K and Ether to new highs. 🌟