Bitwise: CIO Urges Bitcoin Portfolio Allocation Now
Bitwise CIO Matt Hougan states 0% Bitcoin allocation risks future portfolios as governments inflate debt, with BTC at $79692.2 showing bullish MACD on 4h chart.
SourceAnalysis
Bitwise CIO Matt Hougan told Coindesk that investors face misallocation risk by holding zero BTC, calling it the fastest horse against government debt inflation strategies.
Price action at $79692.2 sits inside Bollinger bands with upper resistance at $82424.67 while the MACD golden cross at 591.1 confirms bullish momentum above EMA50 support of $78467.0 and EMA200 at $72816.66; RSI at 53.8 stays neutral, suggesting continuation toward higher targets rather than immediate crypto market crash or BTC price prediction reversal, even as AI industry impact reshapes institutional flows.
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