Bitwise CIO Matt Hougan stated that 95% of Bitcoin is already owned and 95% of global investable money is not exposed to Bitcoin.Hougan believes the supply-demand imbalance in Bitcoin could lead to a significant price rally.Bitcoin's scarcity amplifies as demand rises, with only a small fraction of investable capital currently invested in Bitcoin.Hougan predicts a sharp rise in Bitcoin price, with projections of reaching $200,000 by the end of the year due to institutional growth.