A top cryptocurrency fund strategist says Bitcoin could explode by over 2

A top cryptocurrency fund strategist says Bitcoin could explode by over 2,200%. Here’s his timeline.

– The chief investment officer of crypto asset manager Bitwise Investments is unveiling his massive price target for Bitcoin (BTC) despite the ongoing bear market.

– In a new Stansberry Research interview, Bitwise executive Matt Hougan says that Bitcoin could rally by over 2,273% from its current price of $21,062 as he believes BTC will come close to golds market capitalization of more than $11 trillion.

– Hougan says he sees Bitcoins market capitalization ascending to greater heights as BTC outperforms gold as a store-of-value asset.

– The top investment strategist at Bitwise says that Bitcoin is currently in an appreciation phase similar to what gold went through in the early 1970s right after the US government ended the gold standard a monetary system where the US dollar was convertible into a fixed amount of gold.

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