$12 Billion Bitwise Fund Chief, Matt Hougan, Says Bitcoin Rally Is Coming Before Year-End Speaking in a recent market interview on CNBC, the Bitwise Chief Investment Officer described the current retail environment as one of “maximum desperation,” citing the recent wave of leveraged liquidations, futures wipeouts, and yield protocol failures as evidence. According to him, the market sentiment at the moment is at its most depressive level, which signals a bottom rather than the end of the cycle. “The cry ...