Bitwise Chief Investment Officer Matt Hougan believes Bitcoin prices may consolidate sideways until mid-April, with April 15th, the U.S. tax filing deadline, potentially serving as a catalyst. He points out that selling pressure from fulfilling tax obligations may create temporary headwinds, but a more bullish outlook is expected afterward. Hougan regards Bitcoin as a forward-looking liquidity indicator and remains optimistic about Bitcoin's prospects due to widespread institutional investor adoption and improved market structure.

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