Bitwise’s CIO, Matthew Hougan, recently reiterated his stance that Bitcoin is substantially undervalued and should be trading around $200K, given today’s macro and institutional trends. His strong stance is backed by solid supply-demand mathematics and reinforced by recent market behaviors.
Bitcoin hit a new ATH of over $124K in mid-August 2025, a price action fueled by rising institutional flows, US Fiscal stimulus projections, the Federal Reserve’s shift toward looser policy, and developments around regulatory clarity. These factors collectively contributed to bullish sentiment around $BTC, fuelling investor interest and optimistic price predictions.
For starters, major ETFs (BlackRock IBIT, Fidelity, Bitwise) announced rapid asset accumulation in the spring and summer of 2025, now collectively holding tens of billions in new $BTC.
In addition to this, corporate treasuries and public pension funds have begun accumulating Bitcoin as a macro hedge, echoing Hougan’s forecast of intense demand.
This tsunami of institutional activity and supply squeeze has created a bullish backdrop for Bitcoin-based projects like Bitcoin Hyper ($HYPER). The presale shows a spike in interest as investors seek scalable layer-2 solutions with exposure to Bitcoin’s upside.
Hougan’s assertion is interesting because he backs it with simple demand-supply math. Every year, only about 165K new bitcoins get mined and enter the market.
With ETFs and institutions buying most of that supply at a much faster pace than $BTC is being produced, it creates a situation where demand keeps absorbing most of the new supply, and then some. Basic supply-and-demand economics suggest that the price should rise to balance things out.
That’s where Hougan’s model comes in — according to him, the balancing point where inflows match available supply is around $200K per Bitcoin.
Adding more fuel to the fire, The Consensus 2025 reported that spot Bitcoin ETFs attracted over $15B this year, with $1-2B coming in every week. The aggressive institutional buying means fewer coins are left for general market trading, with every new purchase increasing the upward price pressure.
Wall Street research firm Bernstein reiterates that ETF inflows and a supportive macro environment could establish a solid foundation for $BTC to continue rising.
This narrowing supply-and-demand dynamic isn’t just behind $BTC’s rally. It’s also impacting newer projects like Bitcoin Hyper, heating its presale as investors seek scalable exposure to the Bitcoin ecosystem.
Bitcoin is the most popular crypto ever, no argument there. But, despite the token dominating almost 57% of the total crypto market cap, the network suffers from poor speed and high transaction costs.
For starters, Bitcoin processes seven transactions per second, which is extremely slow compared to networks like Solana which processes around 870 transactions per second in real-time. Also, Bitcoin charges $0.84 per transaction, which is 3,360 times higher than the cost charged by Solana per transaction.
For traders who want to stay on the Bitcoin network but still enjoy the speed and low fees of chains like Solana or Ethereum, Bitcoin Hyper ($HYPER) now offers the perfect solution
Currently in presale, Bitcoin Hyper ($HYPER) aims to offer instantaneous transactions at near-zero fees through its Solana Virtual Machine (SVM) integration. As with any L2, the transactions are processed off-chain to achieve speed and lower costs. However, settlement and final security anchor back to Layer-1 Bitcoin, enabling quicker performance without sacrificing Bitcoin’s security guarantee.
Early investors can earn passive income through staking in the presale stage. Furthermore, with 15% of the token supply set aside for rewards and 20% for marketing, strong visibility and growth are assured, which should help boost the token’s demand and long-term value.
The Bitcoin Hyper presale has already collected $18.1M, with whales circling. Earlier this week, two whales stacked their bags with $HYPER worth $99.7K ($87K + $12.7K), reflecting rising demand for the project.
With a juicy 65% APY staking reward, $HYPER is already turning heads. A $500 investment today could net you around $325 in passive income by year-end — before even factoring in future price appreciation.
Today, the price of one $HYPER sits at $0.012975. With the next presale price hike coming tomorrow, now is the perfect time to secure your tokens at the bargain price and maximize your upside. Join the Bitcoin Hyper presale today.
This is not financial advice. Please always do your own research before investing in cryptocurrencies.
