比特币价格预测来自Bitwise Cio Matt Hougan

Bitwise Asset Management的首席投资官Matt Hougan最近分享了他对比特币未来价格轨迹的见解 - 他的前景异常看涨。

Matt Hougan, Chief Investment Officer at Bitwise Asset Management, recently shared his insights on Bitcoin’s future price trajectory — and his outlook is exceptionally bullish.

Bitwise Asset Management的首席投资官Matt Hougan最近分享了他对比特币未来价格轨迹的见解 - 他的前景异常看涨。

During a recent interview, Hougan discussed the factors that could propel Bitcoin to new highs, exploring the implications of Bitcoin ETFs, institutional adoption, and the broader macroeconomic landscape.

在最近的一次采访中，霍根讨论了可以推动比特币进入新高点的因素，探讨了比特币ETF，制度采用和更广泛的宏观经济景观的含义。

According to Hougan, Bitcoin is poised for a significant rise, potentially crossing the $1 million mark by 2029.

据霍根（Hougan）称，比特币有望大幅上升，到2029年可能会超过100万美元。

Hougan views BTC as a digital alternative to gold, a market valued at nearly $20 trillion. He also sees Bitcoin playing a crucial role in cross-border transactions, another multi-trillion-dollar space. With Bitcoin’s supply permanently capped at 21 million coins, Hougan believes the math points to a much higher price in the years ahead.

Hougan认为BTC是黄金的数字替代品，这个市场价值将近20万亿美元。他还认为比特币在跨境交易中起着至关重要的作用，这是另一个数万亿美元的空间。随着比特币的供应永久封顶为2100万个硬币，霍根认为，数学指向未来几年的价格要高得多。

In the short term, Hougan highlights a powerful supply-demand imbalance. Bitcoin’s annual production is around 160,000 coins, while demand from new spot Bitcoin ETFs is soaking up approximately 500,000 coins per year.

在短期内，霍根强调了强大的供求需求失衡。比特币的年产量约为160,000个硬币，而新现场比特币ETF的需求每年吸收约500,000个硬币。

This mismatch, he says, means something has to give — and that something will likely be the price, breaking through resistance and moving significantly higher.

他说，这种不匹配意味着必须给出一些东西 - 而且有些东西可能是价格，破坏了阻力和更高的移动。

“Institutions are starting to allocate”

“机构开始分配”

In the institutional sphere, Hougan noted that pension funds and other major investors move slowly — often requiring months of due diligence and consulting before making investment decisions. However, some institutions have already begun allocating to Bitcoin.

在机构领域，霍根指出，养老基金和其他主要投资者行动缓慢 - 通常需要几个月的尽职调查和咨询，然后才能做出投资决策。但是，一些机构已经开始分配比特币。

He added that with the total crypto market nearing $3 trillion, having no exposure is effectively taking a short position. Allocating just 1-2% to Bitcoin isn’s viewed as aggressive; it simply brings portfolios to neutral. As institutions become more comfortable with this idea, Hougan expects Bitcoin allocations to rise steadily, providing additional fuel for long-term growth.

他补充说，随着总加密货币市场接近3万亿美元，没有曝光实际上是很短的位置。仅分配1-2％的比特币ISN被认为是侵略性的；它只是将投资组合带入中立。随着机构对这个想法的越来越舒适，Hougan预计比特币分配将稳步上升，为长期增长提供了额外的燃料。

In Hougan’s view, Bitcoin’s journey to $1 million will be driven by its fundamental value proposition, market dynamics, and increasing institutional acceptance — a combination that could transform the crypto landscape by the end of the decade.

霍根（Hougan）认为，比特币的100万美元之旅将由其基本价值主张，市场动态和日益增加的机构认可所驱动 - 这种结合可以在十年结束前改变加密货币景观。