Investors shouldn’t be overly concerned with the recent pullback in Bitcoin, according to Matt Hougan, the chief investment officer of Bitwise Asset Management.
Financial advisors are allocating more to Bitcoin, with 99% of advisors surveyed indicating their intent to maintain or increase their Bitcoin holdings this year.
The recent decline in Bitcoin's price is seen as an opportunity for long-term investors, as Bitcoin adoption is still in its early stages.
The stage is set for a robust rally in Bitcoin in 2025, driven by increased institutional investment, greater mainstream adoption, and a favorable regulatory environment.