
Bitcoin could hit $200,000 without dollar collapse – Bitwise CIO
Bitwise CIO Matt Hougan believes that Bitcoin's potential rise to $200,000 hinges on dual forces, not a dollar collapse.
Stay on top of crypto market news, price action, sector moves, sentiment shifts, and the biggest developments moving digital assets.

Despite the large-scale shift, the funds have not been linked to any crypto exchanges, indicating that Tesla may not be liquidating its Bitcoin at this time.

Hougan said Bitcoin's latest rally following Harris' comments shows that even the slightest hint of regulatory clarity will spur investor optimism.

Despite last week's woes, the market showed resilience, pushing Bitcoin to break critical resistance levels.

Bitcoin struggles to start a significant parabolic upward movement in a new 'accelerated' post-halving bull run.

Addresses holding BTC for less than 155 days on average represent 48.8% of Bitcoin's realized cap, on-chain data reveals.

Bitcoin's pullback last week reduced perpetual open interes by over $3 billion, to more stable levels.



