Bitwise Cio Matt Hougan设定了100万美元的比特币（BTC）价格目标

在近距离交易范围内，比特币（BTC）的价格仍然明显合并，目前的$ 81,995.96，在撰写本文时下跌了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.

在近距离交易范围内，比特币（BTC）的价格仍然明显合并，目前的$ 81,995.96，在撰写本文时下跌了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.

尽管前景仍然是看跌，但Bitwise Cio Matt Hougan在中期对硬币的预测发布了100万美元。在3月18日发布的投资者票据中，霍根揭示了为什么比特币价格在经济危机期间做出反应。

Bitcoin Price and Macroeconomic Trend

比特币价格和宏观经济趋势

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.

根据位于每周的CIO备忘录中的位高管，比特币并不总是像对冲危机一样，这就是为什么大多数人购买它的原因。在某些情况下，BTC价格与宏观经济新闻有反应与美国股票市场的相关性。

Credit: Benzinga

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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会议之前，比特币价格的合并再次出现。在这种不确定性的情况下，Bitwise CIO表示，在BTC上保持投资是长期增长的秘诀。他强调了硬币的价格在下跌后的随后几年中如何飙升超过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.

他将这一趋势标记为“浸入然后撕裂”现象，他认为可能很快就会为硬币发挥作用。使用折现现金流分析（DCA）折扣系数，霍根预计，到2029年，比特币目标价为100万美元，这意味着如果投资者使用50％的折扣，今天的净价值为218,604美元。

Where is the BTC Price Heading?

BTC价格标题在哪里？

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.

马特·霍根（Matt Hougan）在分析中展示了BTC与美国关税战争之间的相关性。他强调了BTC的反应如何仅取决于其低流动性。根据短期分析，地缘政治关税战争将流动性注入市场。

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.

如果这种趋势在短期内没有变化，那么它可能会有利于硬币，因为比特币可以抵抗经济不确定性。尽管许多人推测了硬币的未来，但马特·霍根（Matt Hougan）重申了比特币的长期目标价值高达110万美元的长期目标。

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，硬币在紧密的范围内交易，从低于81,179.99美元的低点到高额84,230美元。逆风没有消除，但是包括Cathie Wood在内的专家预测了未来的繁荣。

Regulations to Boost Market Outlook

法规以提高市场前景

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.

根据生态系统的预测，美国政府建立战略比特币储备的枢纽可能在塑造资产的未来方面发挥了长期作用。

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.

重新引入比特币法案法案的参议员辛西娅·卢米斯（Cynthia Lummis）等支持者的决定性举动，机构投资者对硬币的信心正在增长。 BTC周围的转移调节也正在扩展到其他资产类别，例如生态系统中的Stablecoins。