According to a ChainCatcher report, Matt Hougan, Chief Investment Officer of Bitwise, posted on X that the price of Bitcoin could retrace the trajectory of gold in 2025, as ETFs continue to absorb all newly issued supply. He noted that after central banks doubled their gold purchases in 2022, the price initially reacted slowly, but surged by 65% in 2025 once selling pressure was exhausted. Currently, Bitcoin ETFs, since their launch in January 2024, have consistently purchased more than 100% of the newly mined supply. If this demand continues, a significant price surge could occur in the long term once the supply from sellers is depleted.
Bitwise CIO Predicts Bitcoin Could Mirror Gold's 2025 Parabolic Surge
ChaincatcherShare
Summary
Bitcoin price prediction from Bitwise CIO Matt Hougan suggests the asset could follow gold's 2025 parabolic trajectory. Hougan cited ChainCatcher, noting ETFs have absorbed over 100% of new Bitcoin supply since January 2024. He compared this to gold, which rose 65% in 2025 after central banks increased buying in 2022. Bitcoin's price could surge when selling pressure eases.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.