Here is a bitcoin schedule to reach $ 200,000, according to Cio BitWise

Cio Matt Hougan BitWise sets a schedule for high bitcoin prices, pointing to ETF flows and increasing demand for companies and government.

Bitcoin continues to hover near 102,578 dollars, after a modern flirting at a level of $ 105,000. However, although prices are cooled in the short term, market participants still focus on long -term indicators, especially those who refer to the momentum of strong demand.

For example, Bitlise Cio Matt Hougan, in interview With David Lin on May 14, it is maintained that Bitcoin will reach $ 200,000 by the end of the year, noting an increase in institutional activity, improving organizational frameworks, and government participation as primary incentives.

Matt Hogan said that Bitcoin had not already increased due to a period of great economic uncertainty, which did not only affect Bitcoin, but all the origins of the risk. He explained that the stocks have also decreased significantly, and the broader market has decreased as a result.

However, she expressed confidence that over time, as economic fluctuations decline, all positive developments surrounding bitcoin will eventually take and push them to their highest levels ever.

Institutional and governmental demand leads the narration

Matt Hogan emphasized that Bitcoin supplies are still compatible with 21 million, with 165,000 new coins annually. Against this limited supply, the demand has risen on multiple fronts.

According to Hougan, ETFS has bought 500,000 Bitcoin in the previous year – more than three times the new annual offer. In addition, companies like Microstrategy and Metaplanet have more bitcoin.

At the same time, and US government It already holds more than $ 17 billion in Bitcoin. The current administration policies were created during the era of President Donald Trump, an atmosphere that supports more accumulation.

The executive order has been assigned the talk of treasury and trade secretaries with additional bitcoin sources without the taxpayer.

This initiative can include the sale of parts of the country’s gold reserves or other encryption assets. Moreover, reports confirmed that Abu Dhabi bought Bitcoin at a value of $ 460 million, as many other governments explore similar moves.

He commented: “I think you will see 10 – maybe more – governments around the world are allocating the first to Bitcoin this year.”

Other observers look forward to $ 200,000

Separately, Gotam Chogani, Senior Analyst in Bernstein, repeat The company has long expectations of $ 200,000 by 2025, saying that the election results will not affect the path of bitcoin.

Support this opinion, Intuit trading, founder of Blockchairmile, I mentioned Bitcoin exceeded previous expectations. After the bottom at $ 74,000 in April, the original rose steadily. The analyst now follows the revised trend line that indicates a faster path, with a price of $ 200,000 by July 2025 based on the current momentum.

Bitcoin will need to increase by about 94.98 % to move from 102,578 dollars to $ 200,000.