Bitwise CIO Matt Hougan Predicts Bitcoin (BTC) Could Reach $6.5 Million in 20 Years

Matt Hougan, the Chief Investment Officer (CIO) of Bitwise Asset Management, has made a highly optimistic long-term prediction for Bitcoin (BTC). According to Hougan, the leading cryptocurrency has the potential to reach a staggering price of $6.5 million per coin within the next two decades. This bold forecast is based on a model that evaluates Bitcoin's potential to capture a portion of the global market for store-of-value assets, such as gold and real estate. Hougan's analysis suggests that as Bitcoin's adoption grows and it becomes a more established asset class, its market capitalization could expand exponentially. This perspective highlights the growing confidence among institutional investors regarding Bitcoin's role in the future of finance and long-term wealth preservation.