Bitwise CEO Matt Hougan stated that we will soon see Bitcoin reach $100,000, driven by 7 major factors.
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After surpassing the $68,000 mark on the 16th of this week and reaching $68,422, Bitcoin once again gained momentum yesterday (18th) evening. It broke through the $68,500 barrier and briefly surpassed $69,000 before pulling back slightly, showing strong potential to reach $70,000.
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Bitcoin’s trend. Image source: OKX
Bitwise CEO: 7 factors driving Bitcoin to reach $100,000
In light of this background, Bitwise CEO Matt Hougan tweeted yesterday (18th) stating that he expects 7 major factors to drive Bitcoin towards the $100,000 target:
Wall Street funds will eventually flow into Bitcoin
Furthermore, Anthony Pompliano, the founder and CEO of Professional Capital Management, recently mentioned in an interview with Fox Business News that Wall Street’s understanding of Bitcoin is still too complex. Ultimately, they will bow down to Bitcoin and witness a massive influx of funds into BTC.
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