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…