Bitcoin Can Reach $200K Without the Dollar Losing Value 🤩
#Bitwise CIO Matt Hougan suggests that Bitcoin could reach $200,000 or even $400,000 as a store-of-value asset, even without a collapse of the US dollar.
He posits that if Bitcoin matures alongside continued fiat currency devaluation, it could capture a larger share of gold’s market cap. With mounting global economic uncertainty and fiat debasement, Hougan sees increasing demand for Bitcoin as an inflation #hedge , potentially pushing it into six-figure territory.
Moreover, if Bitcoin holds or grows its current market share relative to #gold , seven-figure valuations could eventually be attainable.
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