Crypto Exec Says Bitcoin Price Will Touch $80,000 Before Year-End If This Happens

Quick Summary:

Matt Hougan, the Chief Investment Officer (CIO) of Bitwise has released a new report predicting that the price of Bitcoin (BTC) could skyrocket to $80,000 before the end of the year.

Based on this, Hougan has concluded that the crypto industry does not need politicians, but needs them out of the way for the market to thrive.

For example, BTC’s price has been relatively range-bound, failing to rally significantly following the release of the previously locked Bitcoin from the failed exchange, Mt.Gox.

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets: HungaryChinaUnited States

Topics: Bitcoin price Uncategorized BTCUSDT Btc Btc price Bitcoin news Btcusd BTC news Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-10 @ 19:00:43 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 485 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 22985057

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Official Website: bitcoinist.com

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News Last Updated: 9 hours ago

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