Bitwise CIO: If ETFs continue to accumulate, Bitcoin may reenact the parabolic surge of gold in 2025

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Mars Finance News: Bitwise Chief Investment Officer Matt Hougan posted on X that the price of Bitcoin is expected to replicate gold’s 2025 trend, as ETFs continue to absorb all new supply. He pointed out that after gold’s central bank purchases doubled since 2022, the price initially responded slowly until 2025 when selling pressure was exhausted, leading to a 65% surge. Since the launch of the Bitcoin ETF in January 2024, it has continuously bought over 100% of new supply. If this demand persists, the long-term exhaustion of sellers could potentially trigger a sharp increase.

BTC3,36%
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