Matt Hougan names the main catalyst for Bitcoin’s growth
Last year, the leading cryptocurrency showed relatively weak performance despite a large number of optimistic forecasts. However, Bitcoin will regain its leadership this year, Matt Hougan believes.
“Bitcoin’s bullish trends coincide with periods of rising global liquidity. A new cycle of monetary easing has begun worldwide, and the quantitative easing program of the Federal Reserve is ongoing. All of this will act as a positive catalyst for Bitcoin’s price, with growth expected to continue throughout 2026,” said the Bitwise executive.
Capital is expected to flow into the crypto market, creating a solid foundation for a bullish breakout. According to the investment chief, the current situation resembles 2021, when Bitcoin rallied after a prolonged downtrend.
The structure of the crypto market now appears far more mature than in previous cycles: the share of long-term holders is increasing, while speculative pressure is gradually declining. Against this favorable backdrop, Bitcoin can establish itself as a key asset of a new investment cycle, outperforming gold in terms of growth rates, the Bitwise representative said.
Earlier, Matt Hougan stated that pension funds should allocate capital to Bitcoin and not fear excessive volatility of the leading cryptocurrency.
See also: "A “Goldilocks zone” is forming in the crypto market — QCP Capital"
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