Bitwise CIO Matt Hougan Expects BTC Price to go Parabolic if ETF Demand Persists
Matt Hougan, CIO of Bitwise, predicts that the price of Bitcoin could go parabolic if demand for its ETFs persists, drawing a parallel to the historical performance of Gold. He notes that while initial price movements may be modest, sustained demand can eventually lead to explosive growth, as seen with Gold's significant price surges in the years following a period of stability.
Currently, Bitcoin is testing a resistance level near $96k, with the ETF recording net inflows for two consecutive days, including a substantial $753.8 million inflow on January 13, 2026. Hougan also highlights a survey indicating that nearly all financial advisors plan to maintain or increase their crypto exposure in the coming years. At the time of writing, BTC is trading at $95,038.37, up over 3% in 24 hours, with predictions suggesting a potential rise to around $102,438 in the next month.
TheNewsCrypto01/14 11:07