Bitwise CIO Matt Hougan Predicts Bitcoin Rally Amid Institutional Support

According to Bitwise CIO Matt Hougan, the crypto market is approaching a significant turning point. Hougan believes that retail crypto selling is nearing exhaustion after a period of heavy leverage sell-offs, even as Bitcoin's price recently dropped below $100,000, its lowest since June 2025. Despite this downturn and retail investor 'max desperation,' institutional support remains robust.
Hougan forecasts that Bitcoin could reach a new record high by the end of the year, potentially climbing to between $125,000 and $150,000. This optimism is fueled by the growing presence of financial advisors and institutions investing in the crypto asset class, shifting the market composition in favor of institutional backing.
Recent ETF inflows underline this trend. Notably, Bitcoin-focused ETFs such as the iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC) have continued to attract investments. Bitwise's own Solana staking ETF (BSOL) experienced over $400 million in inflows within its first week, showing strong institutional interest despite Solana's recent losses.
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In summary, while retail sentiment is currently low, institutional demand and strategic ETF inflows suggest the crypto market might soon find its bottom, paving the way for a potential Bitcoin rally towards new all-time highs. Keeping an eye on trusted platforms such as Bitlet.app can help investors navigate these dynamic market conditions with smarter buying options.