Bitwise CIO Unveils 5 Major Forecasts For Bitcoin 2028 Halving, Anticipates A 280% Price Surge
Summary
Bitwise CIO Matt Hougan predicts Bitcoin's volatility will decrease by 50% due to new investors entering through ETFs. He expects 5% Bitcoin allocations in portfolios and over $200 billion inflows into Bitcoin ETFs. Hougan forecasts central banks will invest in Bitcoin, and he projects Bitcoin to trade above $250,000 by 2028. He attributes Bitcoin's growth to its utility and factors like declining volatility, improved custody options, low correlations to stocks, ETF accessibility, and institutional adoption. BTC is currently trading at $64,500, down nearly 3% in the past 24 hours.
