Bitwise CIO: Bitcoin returns may steadily rise over the next decade, but "explosive" growth is unlikely

BTC-0,9%

Odaily Planet Daily reports that Matt Hougan, Chief Investment Officer of Bitwise, stated that Bitcoin is expected to achieve sustained and steady returns over the next decade, but it is unlikely to replicate the extreme gains of a single year. He pointed out that Bitcoin may enter a phase of “long-term slow upward movement,” accompanied by relatively lower volatility, but will still experience cyclical corrections. Hougan also maintains his outlook for a generally strong Bitcoin in 2026, believing that there is still room for price appreciation next year. Hougan believes that the recent pullback in Bitcoin has significantly converged compared to historical cycles, mainly due to the continuous and gradual inflow of institutional funds, which provides support for the price decline. Sebastian Beau, Chief Investment Officer of ReserveOne, said that there is still debate over whether the four-year cycle of Bitcoin has ended. The current price has fallen about 30% from its high, but a deep correction of over 60% seen in previous cycles has not yet occurred. Some market participants remain cautious, with trader Peter Brandt predicting that Bitcoin could drop to $60,000 in Q3 2026. Regarding macro and policy factors, Hougan believes that the marginal impact of the Trump administration on Bitcoin prices is limited, and regulators have already clarified its “commodity nature,” making future policy changes unlikely to be the main driver of price increases. (Cointelegraph)

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