Odaily Planet Daily reports that Matt Hougan, Chief Investment Officer of Bitwise, stated that Bitcoin is expected to achieve sustained and steady returns over the next decade, but it is unlikely to replicate the extreme gains of a single year. He pointed out that Bitcoin may enter a phase of “long-term slow upward movement,” accompanied by relatively lower volatility, but will still experience cyclical corrections. Hougan also maintains his outlook for a generally strong Bitcoin in 2026, believing that there is still room for price appreciation next year. Hougan believes that the recent pullback in Bitcoin has significantly converged compared to historical cycles, mainly due to the continuous and gradual inflow of institutional funds, which provides support for the price decline. Sebastian Beau, Chief Investment Officer of ReserveOne, said that there is still debate over whether the four-year cycle of Bitcoin has ended. The current price has fallen about 30% from its high, but a deep correction of over 60% seen in previous cycles has not yet occurred. Some market participants remain cautious, with trader Peter Brandt predicting that Bitcoin could drop to $60,000 in Q3 2026. Regarding macro and policy factors, Hougan believes that the marginal impact of the Trump administration on Bitcoin prices is limited, and regulators have already clarified its “commodity nature,” making future policy changes unlikely to be the main driver of price increases. (Cointelegraph)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Listed Bitcoin Miners Sold Over 32,000 BTC in Q1 2026, Exceeding Full-Year 2025 Total
Bitcoin miners sold over 32,000 BTC in Q1 2026, exceeding 2025's total sales. Key players include MARA, Riot, and Core Scientific. Miner profitability is declining as hash prices fall below breakeven, with reserves down from 1.86 million to 1.80 million BTC.
GateNews10m ago
Bitcoin's Quantum Defense Plan BIP-361 Draws Criticism Over 1.7M BTC Recovery Gap
Bitcoin developers are working on BIP-361 to protect against quantum computing threats by migrating funds to safer formats, potentially freezing 1.7 million BTC. Charles Hoskinson critiques the plan, arguing it may lead to permanent freezing of vulnerable coins. The debate highlights tensions in adapting Bitcoin's protocols.
GateNews30m ago
European Companies Build Bitcoin Treasury Strategy Diverging from MicroStrategy Model
European companies are adopting Bitcoin treasury strategies that align with local regulations, in contrast to the U.S. debt-driven model. Key players like Germany's Bitcoin Group SE and France's Capital B focus on conservative positions, facing unique market constraints.
GateNews1h ago
Underlying asset structure, yield mechanics, and the 21Shares statement
21Shares CEO Duncan Moir said in a statement: “Since our founding, we have been focused on providing a convenient digital-asset investment pathway. With this product, we extend that expertise into equity-linked investment areas tied to the Bitcoin ecosystem.” Moir also said the product “combines high yield potential with a familiar exchange-traded structure,” targeting both institutional and retail investors.
SuperCryptoWahaha666663h ago
