Bitcoin Analyst Predicts 95% Surge in Price as Market Expects Further Growth

Bitcoin’s price has soared in recent weeks, with analysts like Matt Hougan at Bitwise predicting a dramatic 95% increase by year-end. Hougan attributes this optimistic outlook to various favorable developments, including government Bitcoin purchases, improved regulatory landscapes, and growing institutional investment interest. He suggests that these factors will drive the price beyond its current levels despite ongoing economic uncertainties affecting both Bitcoin and broader asset markets.