Bitcoin forming market bottom, says Bitwise CIO. Next bull market driven by tokenization, DeFi and institutional adoption. He estimates BTC to reach $250-400K and it is on the way to $1 million in long-term.

Bitcoin may be in final phase of bear market as market split into 3 camps & majority expects $40,000-$50,000 bottom. However, analyst sees $54-64K as key accumulation zone.

Bitcoin forming market bottom, says Bitwise CIO. Next bull market driven by tokenization, DeFi and institutional adoption. He estimates BTC to reach $250-400K and it is on the way…