Bitwise CIO Says Bitcoin Investors Should Ignore Short-Term Bottoms, Eye $100K–$1M

Bitcoin investors are being encouraged to shift their attention away from short-term price lows and instead consider the cryptocurrency’s long-term potential.

Bitwise CIO Matt Hougan said the key question is not where the market ultimately bottoms out, but whether it can climb toward major future milestones such as $100,000, $200,000, or even $1 million.

He added that reaching any of these levels would represent substantial returns compared to current prices.

Source: Bitwise