According to Decrypt, Matt Hougan, chief investment officer of Bitwise, wrote a note to investors using a “Choose Your Own Adventure” style outline. In it, he presented three possible paths for the economy: one involving superabundance, another featuring an AI-related bust, and a third describing a muddle‑through scenario. Hougan explained that each of those outcomes would lead to the same conclusion regarding Bitcoin’s price.
He argued that under any of the outlined conditions—superabundance, an AI bust, or a muddle‑through economy—Bitcoin would trend higher. The note did not specify timelines, price targets, or additional market details beyond the comparative framing.
