Bitwise CIO Matt Hougan Predicts Bitcoin Rally Amid Institutional Support

Published at 2025-11-06 08:07:53
Bitwise CIO Matt Hougan Predicts Bitcoin Rally Amid Institutional Support – cover image

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.

For crypto investors looking to capitalize on these developments, platforms like Bitlet.app provide innovative solutions. Bitlet.app offers a unique Crypto Installment service that enables users to buy cryptocurrencies now and pay monthly, easing the barrier to entry and allowing for more flexible investment strategies.

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.

Share on:

Related news

STRC Stock Signals 1,000 BTC Buy in Biggest One‑Day Issuance Since July

STRC’s trading volume spiked after an issuance indicating an approximately 1,000 BTC purchase, the issuer's largest one-day move since July. The action points to aggressive accumulation from Strategy, the largest publicly traded bitcoin holder.

Published at 2026-03-04 11:15:47
Ex-OpenAI Researcher’s Hedge Fund Makes $5.52B Bitcoin Mining Bets

Leopold Aschenbrenner’s Situational Awareness LP disclosed $5.52 billion in equity exposure concentrated in power infrastructure, data centers and Bitcoin mining companies, an SEC filing shows. The rapid build-up in under a year signals rising institutional conviction in mining and related infrastructure.

Paraguay Turns 1,500 Seized Rigs Into State-Led Bitcoin Mining Program

Paraguay’s state utility ANDE will relaunch 1,500 confiscated Bitcoin mining rigs in partnership with Morphware, running them on surplus hydroelectric power under direct government supervision. The program aims to repurpose seized equipment and generate public revenue while testing a state-run mining model.

Published at 2026-03-04 09:00:16
U.S. Executes First 2026 Bitcoin Transfer From Government Wallet Amid Iran Crisis

On March 3, 2026, U.S. federal authorities moved a small amount of Bitcoin from a government-controlled wallet, the first blockchain-recorded Bitcoin transaction by the U.S. this year. The transfer was logged on-chain amid heightened tensions around Iran.

Published at 2026-03-04 07:30:13
Core Scientific to Sell Most of 2,500 BTC to Fund AI Data Centers

Core Scientific plans to sell most of its 2,500 BTC in Q1 2026 to boost liquidity and finance AI-focused data center buildouts. The move underscores a broader industry shift as public bitcoin miners pivot toward high-performance computing.

Published at 2026-03-04 06:45:13