Trump’s Executive Order May Disrupt Bitcoin’s Four-Year Cycle
- Bitwise CIO Matt Hougan suggests Trump’s executive order could disrupt Bitcoin’s traditional four-year cycle.
- The cycle typically features three years of gains followed by a correction year.
- Bitcoin’s current market cycle began in 2023 after a significant deleveraging event in 2022.
- Hougan predicts Bitcoin could reach $200,000 in 2025 due to increased institutional and corporate investment.
- The executive order aims to accelerate institutional adoption by establishing digital assets as a national priority.
According to Bitwise CIO Matt Hougan, the executive order from President Trump may extend Bitcoin’s bull market beyond its typical four-year cycle, potentially reaching $200,000 by 2025 due to increased institutional participation.
Source (2.6)https://coingape.com/bitwise-cio-matt-hougan-reveals-how-trumps-crypto-order-will-impact-bitcoin/?rand=24432
