Bitwise CIO Predicts Bitcoin Could Surpass $125,000 by End of 2025 as Retail Investors Capitulate
Matt Hougan, Chief Investment Officer at Bitwise Asset Management, believes Bitcoin is entering a pivotal accumulation phase following intense retail capitulation.
He described the current sentiment among individual investors as “maximum desperation,” often seen near the bottom of market cycles. Despite short-term weakness, Hougan remains bullish on Bitcoin’s long-term trajectory. He expects institutional demand, ETF inflows, and improving market structure to drive the next major rally—potentially pushing Bitcoin above $125,000 and even toward $150,000 by the end of 2025.
According to Hougan, this shift marks a transition from speculative retail trading to sustained institutional accumulation, setting the stage for the next growth phase in the crypto market.
Clever Robot News Desk 9th November 2025
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