In a scathing critique, Bitwise’s Matt Hougan suggests that the Donald’s latest crypto decree could disrupt Bitcoin‘s hallowed four-year cycle. 🤯 Apparently, the Donald’s heavy hand may extend the current bull run, much to the chagrin of seasoned crypto investors. 😒
Hougan, the CIO of Bitwise, warns that Trump’s executive order on digital assets could “alter this pattern” of Bitcoin’s traditional three-year uptrend followed by a correction. 🤔 Apparently, the new regulatory clarity and institutional involvement might throw a wrench in the works. 🔧
But fear not, dear readers! Hougan predicts that Bitcoin could still reach dizzying heights of $200,000 by 2025, driven by a surge in corporate and government investment. 💰 Truly, the Donald’s midas touch knows no bounds. 🤴
However, Hougan acknowledges that market excesses and increasing leverage could still trigger short-term volatility. 😬 But fear not, for he believes that the growing presence of long-term investors will act as a stabilizing force. 🤖
In the end, it seems that the Donald’s crypto crusade has set the stage for a brave new world of digital assets. 🌐 Hold on to your digital wallets, folks, because the ride is about to get even wilder! 🎢
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2025-01-30 02:40