Bitwise CEO Hunter Horsley and Jeff Park anticipate Bitcoin will experience a substantial price increase, driven by macroeconomic signals and unfavorable government spending trends. They highlight the upcoming chaos in the markets due to increasing deglobalization and the potential for significant price movements in BTC.
Despite Bitcoin trading around 96,255 USD and a low implied volatility percentile of 12.3, sentiment has flipped from fear to neutrality, indicating a ripe opportunity for investment. Analysts note the current situation could lead to unprecedented mainstream adoption of Bitcoin.