Bitwise CIO on Bitcoin: 'It's More About the Ceiling Than the Bottom'

"Has it bottomed?" is the wrong question, according to Matt Hougan, Chief Investment Officer (CIO) at the American cryptocurrency asset management company Bitwise. In a report dated the 15th, Hougan pointed out that questioning whether Bitcoin has bottomed is a mistake for long-term investors. Considering the reports published by Galaxy Digital, NYDIG, and Standard Chartered, which analyze whether the bottom has been reached, Hougan noted the discrepancies among the conclusions of these institutions...