🚀 Bitcoin's Path to $200K: No Dollar Collapse Needed! 🚀
Bitwise CIO Matt Hougan is optimistic about Bitcoin's future, and he doesn't think the US dollar needs to collapse for BTC to hit $200,000! 🌟
Hougan highlights two main drivers for Bitcoin's rise: its maturation as a "store of value" and the potential abuse of fiat currencies by governments. Currently, BTC is about 7% of gold's market cap. If it captures 50% of gold’s market, Bitcoin could soar to over $400,000! 💰
Even if the "store of value" market triples, BTC could still reach $200,000. With institutional maturity on the horizon, Bitcoin's trajectory looks promising! 📈
#Bitcoin #Crypto #BTC