Iran conflict hints Bitcoin’s addressable market could exceed gold: Bitwise
Burns Brief
Bitwise's Matt Hougan previously estimated that if Bitcoin captures 17% of the store-of-value market over the next decade, it could be worth $1 million a coin Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.
Bitwise's Matt Hougan previously estimated that if Bitcoin captures 17% of the store-of-value market over the next decade, it could be worth $1 million a coin.
Key Takeaways
- Bitwise's Matt Hougan previously estimated that if Bitcoin captures 17% of the store-of-value market over the next decade, it could be worth $1 million a coin