Bitcoin Price Could Explode to $1,000,000 Based on These ‘Reasonably Conservative Assumptions,’ Says Bitwise CIO Matt Hougan

The chief investment officer of Bitwise Asset Management says Bitcoin could reach $1 million under what he describes as “reasonably conservative assumptions.” In a new memo titled “How Bitcoin Gets to $1 Million”, Matt Hougan argues that many analysts underestimate Bitcoin’s long-term potential because they treat the global store-of-value market as static. Hougan says he […] The post Bitcoin Price Could Explode to $1,000,000 Based on These ‘Reasonably Conservative Assumptions,’ Says Bitwise CIO Matt Hougan appeared first on The Daily Hodl.