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BTC Price Analysis: Bitwise CIO Projects $500,000 Bitcoin as Market Matures

  • Bitwise CIO Matt Hougan projects Bitcoin to reach $500,000 as the market matures.
  • Bitcoin has already shown a 100% increase in value this year.
  • The $500,000 target is based on Bitcoin achieving equal market share with gold.
  • Hougan suggests a $1 million price target is possible as the market expands.

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