‘Chaos is a ladder’: Bitwise says geopolitical tension lifts bitcoin’s appeal, calls $1 million target a possible baseline price
By Naga Avan-Nomayo
Bitwise CIO Matt Hougan states that bitcoin has outperformed stocks and gold during the Iran conflict, as geopolitical uncertainty boosts its appeal. He invokes ‘Chaos is a ladder’ to argue that such tensions enhance bitcoin's value proposition. Hougan views a $1 million price target as a possible baseline.
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