Bitwise Cio Matt Hougan設定了100萬美元的比特幣（BTC）價格目標

在近距離交易範圍內，比特幣（BTC）的價格仍然明顯合併，目前的$ 81,995.96，在撰寫本文時下跌了2.49％。

The price of Bitcoin (BTC) is still visibly consolidated after trading in a close range with a current $81,995.96, down 2.49% at the time of writing.

在近距離交易範圍內，比特幣（BTC）的價格仍然明顯合併，目前的$ 81,995.96，在撰寫本文時下跌了2.49％。

While the outlook remains bearish, Bitwise CIO Matt Hougan has issued a $1 million forecast for the coin in the mid-term. In an investor note issued on March 18, Hougan uncovered why Bitcoin price reacts the way it does during an economic crisis.

儘管前景仍然是看跌，但Bitwise Cio Matt Hougan在中期對硬幣的預測發布了100萬美元。在3月18日發布的投資者票據中，霍根揭示了為什麼比特幣價格在經濟危機期間做出反應。

Bitcoin Price and Macroeconomic Trend

比特幣價格和宏觀經濟趨勢

According to the Bitwise executive in his weekly CIO memo, Bitcoin does not always behave like a hedge against crisis, which is why most people buy it. There are instances where BTC price reacts to macroeconomic news in correlation with the broader US stock market.

根據位於每週的CIO備忘錄中的位高管，比特幣並不總是像對沖危機一樣，這就是為什麼大多數人購買它的原因。在某些情況下，BTC價格與宏觀經濟新聞有反應與美國股票市場的相關性。

Credit: Benzinga

學分：苯金加

Ahead of the March 2025 FOMC Meeting, this consolidation in Bitcoin price is showing up again. Amid this uncertainty, the Bitwise CIO said staying invested in BTC is the recipe for long-term growth. He highlighted how the price of the coin largely soared over 190% in subsequent years after a dip.

在2025年3月的FOMC會議之前，比特幣價格的合併再次出現。在這種不確定性的情況下，Bitwise CIO表示，在BTC上保持投資是長期增長的秘訣。他強調了硬幣的價格在下跌後的隨後幾年中如何飆升超過190％。

He labeled this trend a “dip then rip” phenomenon, one he believes might soon play out for the coin. Using the Discounted Cashflow Analysis (DCA) discount factor, Hougan projected that a $1 million Bitcoin price target by 2029 implies a net value of $218,604 today if investors apply a 50% discount.

他將這一趨勢標記為“浸入然後撕裂”現象，他認為可能很快就會為硬幣發揮作用。使用折現現金流分析（DCA）折扣係數，霍根預計，到2029年，比特幣目標價為100萬美元，這意味著如果投資者使用50％的折扣，今天的淨價值為218,604美元。

Where is the BTC Price Heading?

BTC價格標題在哪裡？

In his analysis, Matt Hougan showcased the correlation between BTC and the US Tariff war. He highlighted how BTC’s reaction solely hinges on its low liquidity. Per the analysis, in the short term, the geopolitical tariff war injects liquidity into the market.

馬特·霍根（Matt Hougan）在分析中展示了BTC與美國關稅戰爭之間的相關性。他強調了BTC的反應如何僅取決於其低流動性。根據短期分析，地緣政治關稅戰爭將流動性注入市場。

If this trend does not change in the short term, it might favor the coin as Bitcoin serves as a hedge against economic uncertainty. While many have speculated about the future of the coin, Matt Hougan reiterated Bitwise’s long-term price target of up to $1.1 million for Bitcoin.

如果這種趨勢在短期內沒有變化，那麼它可能會有利於硬幣，因為比特幣可以抵抗經濟不確定性。儘管許多人推測了硬幣的未來，但馬特·霍根（Matt Hougan）重申了比特幣的長期目標價值高達110萬美元的長期目標。

At the moment, the coin traded within a tight range, moving from a low of $81,179.99 to a high of $84,230. The headwind is not cleared, but experts, including Cathie Wood, have predicted a deflationary boom ahead.

目前，硬幣在緊密的範圍內交易，從低於81,179.99美元的低點到高額84,230美元。逆風沒有消除，但是包括Cathie Wood在內的專家預測了未來的繁榮。

Regulations to Boost Market Outlook

法規以提高市場前景

According to ecosystem projections, the US government’s pivot to set up a strategic Bitcoin reserve might play a long-term role in shaping the asset’s future.

根據生態系統的預測，美國政府建立戰略比特幣儲備的樞紐可能在塑造資產的未來方面發揮了長期作用。

With a decisive move by proponents like Senator Cynthia Lummis, who re-introduced the Bitcoin Act Bill, institutional investors’ confidence in the coin is growing. The shifting regulation around BTC is also spreading to other asset classes, like stablecoins in the ecosystem.

重新引入比特幣法案法案的參議員辛西婭·盧米斯（Cynthia Lummis）等支持者的決定性舉動，機構投資者對硬幣的信心正在增長。 BTC周圍的轉移調節也正在擴展到其他資產類別，例如生態系統中的Stablecoins。