Bitcoin Surge: 190 Percent Post-Crash

Bitcoin’s ‘Dip Then Rip’ Pattern Indicates Potential 190% Surge

• Bitcoin often experiences a 190% rebound following market crashes.
• The pattern is described as “Dip Then Rip” by Bitwise CIO Matt Hougan.
• Bitwise is increasingly bullish on Bitcoin due to this pattern.
• The analysis was detailed in a memo dated March 17.

Matt Hougan, Chief Investment Officer at Bitwise, highlights a historical trend where Bitcoin rebounds by approximately 190% after significant market downturns, as noted in his March 17 memo. This pattern supports Bitwise’s optimistic outlook on Bitcoin’s potential for future gains.