Matt Hougan: Bitcoin is in for a few successful years
Date: 2025-07-28 Author: Gabriel Deangelo Categories: CRYPTO PAYMENTS
According to Matt Hougan, investment director at Bitwise, the current growth of Bitcoin is due to the fact that low interest rates make traditional financial instruments, such as bonds and term deposits, less attractive to investors. This creates favorable conditions for cryptocurrencies, which are beginning to be perceived as an alternative. Hougan emphasizes that long-term fundamental factors for cryptocurrencies are now stronger than halving cycles, which used to be the main catalyst for price changes.
In addition, the expert draws attention to the reduced likelihood of sharp corrections in the Bitcoin rate due to the easing of legislative norms in the United States, which improves the investment climate for cryptocurrencies. However, he warns that the growing number of companies reserving Bitcoin may become a risk factor, as not all organizations are able to withstand significant fluctuations in the market, which remains volatile.
According to Hougan, a sustainable rally in Bitcoin can be expected in the coming years, while periods of rapid short-term growth will become a thing of the past. Increased global instability will support demand for Bitcoin as a leading reserve asset.
These forecasts coincide with the estimates of Citibank analysts, who believe that by the end of 2025, Bitcoin can reach $135,000 in the base case scenario and even $199,000 in a more optimistic scenario. However, in a pessimistic scenario, the price of the cryptocurrency can fall to $64,000.
Thus, despite the ongoing volatility and some risks, the long-term prospects for Bitcoin remain positive, which makes it an attractive asset for investors in the current conditions of economic uncertainty.
