🚀 Bitcoin's Path to £200K: No Pound Collapse Needed! 🚀

Bitwise CIO Matt Hougan is optimistic about Bitcoin's future, and he doesn't think the UK pound 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! 📈

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