Matt Hougan: Bitcoin could be worth 6.5 million dollars in 20 years.

Stagnation in the Cryptocurrency Market

Matt Hougan stated that Bitcoin could reach $6.5 million within the next 20 years. However, in 2025, the cryptocurrency market remains largely in a bear market. Many alternative currencies have lost more than 60% of their value.

Bitcoin's Resilience

Hougan emphasized that Bitcoin has avoided deeper losses, attributing this largely to continuous purchases made by institutional investors and Exchange-Traded Funds (ETFs).

Market Conditions and Future Expectations

Describing the current market conditions as a "round bottom," Hougan noted that weak ETF flows and limited retail participation have impacted this situation.