BitWise Cio Matt Hougan Details of “Dip and Rip” scenario for Bitcoin (BTC) – here is his view

The chief investment official (CIO) Matt Hogan says Bitcoin (BTC) is likely to be in the mid -scenario “Dip and Rip”.

In new Note For investors, Hougan explains that in moments of crises, Bitcoin is often sowed deeper than the stock market, but then gets more difficult to recover.

Hagan says the scenario is historically one of the “most consistent patterns of encryption” and stems from investors who interact with the concept of current value, the difference between the current cash flows of the original and the current value of cash flows over a period of time.

Although BTC does not have cash flows, Hougan says that the same principle applies and may play during uncertainty in the market that President Trump drives.

Hogan says,

“You may imagine that the customs tariff-by creating an Enthropic economic-gains our long-term goal for Bitcoin from one million dollars to $ 1.1 million. At the same time, it increases the discount factor that we use to calculate the current value of Bitcoin from 122.63 dollars, for example, from 109 %. The target price.

So, although we are more rough than Bitcoin, our low price is in the short term. This explains the withdrawal. But if the market settles and it becomes clear that the world does not end and the opponent’s factor returns from 85 % to 75 %, Bitcoin will recover from withdrawal and then some.

Refer and then Rip. “

The investor says that BTC- who is believed to suffer from a “short-term rise in the opponent”-is an opportunity to enter a discount.

“In terms of sitting, I was never more upward.”

At the time of this report, BTC is trading at $ 84,582, a decrease of 22 % of its highest level ever.

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Created Image: Midjourney