cryptoconservative
Crypto Prices Could Rise a Lot Next Year
USATuesday, June 23, 2026
Matt Hougan, chief investment officer at Bitwise, recently shared his perspective on the cryptocurrency market during a June talk. He suggests that the current slump might be wearing thin and hints at potential shifts in Bitcoin’s trajectory.
Key Takeaways
- Bitcoin Forecast
- Hougan estimates a possible drop to $30,000 if the four‑year cycle repeats, but he deems this scenario unlikely.
Many traders anticipate a bear market ending near $50,000.
- Market Momentum
- Hougan is optimistic that the market could rise within a year, though he remains uncertain about the exact bottom level.
- Short‑term indicators (10/20 and 5/20 day signals) still signal a bearish trend.
- Institutional Pulse
- Despite the prevailing weakness, institutional conversations about crypto remain robust.
He reported a record number of sales calls in a single day, even during the typical August slowdown.
- Asset Focus
- Major investors prioritize:
- Bitcoin
- Ethereum
- Solana
- Stablecoins
- Tokenization
Newer digital assets receive less attention.
- Optimal Investment Conditions
Hougan believes the best opportunities arise when sentiment is washed out, major bulls retreat, and market uncertainty lingers.
- Regulatory Impact
- Ongoing regulatory ambiguity keeps capital idle, diverting attention toward AI stocks.
- “The market hates uncertainty more than bad news,” he remarked, expressing hope that clarity will follow the passage of the CLARITY Act.
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