Bitwise Chief Investment Officer Matt Hougan says bitcoin’s long stretch of sideways trading isn’t a red flag — it’s the asset’s “silent IPO” moment, signaling a shift toward larger institutional allocations and a maturing phase in its market evolution. Bitcoin’s Boring Phase Is the Setup In a recent report, Hougan pointed to macro thinker Jordi […]
Source: https://news.bitcoin.com/bitwise-cio-bitcoins-sideways-phase-signals-the-end-of-1-allocations/