Bitwise CIO Matt Hougan said he expects every central bank to hold Bitcoin by 2050, responding to recent criticism from the founder of Sevens Reporter. His prediction frames Bitcoin as a potential long-term reserve asset amid rising institutional interest.

Bitwise CIO Matt Hougan predicts Bitcoin could hit a new record high between $125,000 and $150,000 by year-end, highlighting strong institutional interest despite current retail selling pressures. Institutional investments and ETF inflows signal a potential market bottom soon.