Bitcoin Price to $1 Million, Bitwise CIO Unveil “Dip Then Rip” Forecast

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Bitcoin Price to $1 Million, Bitwise CIO Unveil “Dip Then Rip” Forecast

The price of Bitcoin (BTC) is still visibly consolidated after trading in a close range with a current $81,995.96, down 2.49% at the time of writing. While the outlook remains bearish, Bitwise CIO Matt Hougan has issued a $1 million forecast for the coin in the mid-term. In an investor note issued on March 18, Hougan uncovered why Bitcoin price reacts the way it does during an economic crisis.

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