1 month ago
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Key Takeaways
- Altcoin season: “Those eras are over”.
- Aave market cap: $1.42B, same as Papa John’s pizza.
- Financial advisors: 150 of 170 at a non-crypto conference personally hold crypto..
- BTC channel: $60K-$80K short term, “much higher” a year from now.
- BTC price target: north of $1M by 2030, Solana triple digits by year end.
- Clarity Act: more important to get past it than whether it passes or fails.
The Room That Changed Hougan’s Outlook
Hougan arrived at a standard financial advisor conference, 170 people, nothing crypto-related, average age approximately 55. He asked how many personally held Bitcoin or crypto. He expected 20, maybe 30. The answer was 150.
“It shows you how much we’ve normalized crypto,” Hougan told Cointelegraph. Morgan Stanley launching a Bitcoin ETF. Goldman Sachs launching a Bitcoin ETF. Charles Schwab recommending 2% to 7% crypto allocations. And then 150 out of 170 financial advisors, no...
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