Bitwise CIO Predicts Bitcoin Price Surge Due to Demand-Supply Imbalance
- Bitcoin’s new supply is 165,000 units.
- Exchange-traded funds purchased 500,000 Bitcoin last year.
- Corporations acquired 350,000 Bitcoin in the same period.
- The current trading price of Bitcoin is $83,755.
- Matt Hougan anticipates Bitcoin could reach $200,000 by year’s end.
Matt Hougan of Bitwise highlights a demand-supply mismatch for Bitcoin, with demand from ETFs and corporations significantly exceeding new supply. This imbalance may push Bitcoin’s price up to $200,000 by the end of the year.
Source (2.6)https://dailyhodl.com/2025/04/17/this-factor-could-push-bitcoin-up-and-up-for-a-139-rally-by-end-of-the-year-says-bitwise-cio-matt-hougan/?rand=59076
