It’s “Still Early” Until Bitcoin Hits $500,000 – Bitwise CIO Explains Why

According to Bitwise Chief Investment Officer (CIO) Matt Hougan, entering the Bitcoin (BTC) trade may not be too late. The executive recently said that until the flagship cryptocurrency hits $500,000, it’s “still early.” Potential Investors Should Not Be Discouraged By Bitcoin Price Action In a client memo shared yesterday, Bitwise’s CIO Hougan stated that while “it’s no longer the first inning,” it’s still early for potential investors until BTC hits $500,000. Hougan goes at length to explain why. Hougan’s comments come as Bitcoin continues to be in the historical price…

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