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Bitwise Experts: BTC Will Reach $200,000 by the End of 2025 Driven by Structural Factors for Long-term Pump
According to reports, Bitwise Chief Investment Officer Matt Hougan recently stated in an interview that he expects Bitcoin to reach $200,000 by the end of 2025, and pointed out that the current rise is driven by structural factors, which will last for many years.
Hougan emphasized that institutional funds are continuously flowing in, while the daily new supply of Bitcoin is only 450 coins, leading to a serious supply-demand imbalance. He believes the market is entering a new phase where "demand consistently exceeds supply," and this force will drive BTC to rise in the long term.
He also stated that the favorable policies, legislative progress, institutional adoption, and macroeconomic uncertainty together form a "rare synergy" for Bitcoin, which is the fundamental driver of the current rise.