Bitwise’s CIO Says Bitcoin Is in Its IPO Moment – History Says This Is When You Buy More
Bitcoin briefly plunged below $100,000 on Tuesday, roughly one month after reaching a record high above $126,000 in early October. Despite the volatility, Bitwise Chief Investment Officer Matt Hougan believes the asset is going through its “IPO moment,” and if past patterns hold, the market should celebrate it by buying more, not sitting out in frustration.
He added that the current setup means that “the days of 1% Bitcoin allocations are over.”
Read More
Bitcoin High: Bitwise CIO’s Astonishing Prediction for a Year-End Surge
Bitcoin Bear Market Signal: Urgent Warning as BTC Dips Below Key Indicator
Bitwise’s CIO Says Bitcoin Is in Its IPO Moment – History Says This Is When You Buy More
Bitcoin briefly plunged below $100,000 on Tuesday, roughly one month after reaching a record high above $126,000 in early October. Despite the volatility, Bitwise Chief Investment Officer Matt Hougan believes the asset is going through its “IPO moment,” and if past patterns hold, the market should celebrate it by buying more, not sitting out in frustration.
He added that the current setup means that “the days of 1% Bitcoin allocations are over.”
Read More
Bitcoin High: Bitwise CIO’s Astonishing Prediction for a Year-End Surge