🚀 Pantera Capital Fund Head Predicts Bitcoin Growth
Pantera Capital CEO Dan Morehead, who manages $4.2 billion in crypto assets, believes that BTC's lackluster performance over the previous two years was just a temporary aberration from larger future growth.
In a new interview with CNBC, Morehead said he expects BTC to resume its explosive price rise soon. He said: “BTC has a 14-year growth trend of 145% per year. This is my general forecast. It’s just going to pick up again and it’s going to double every year.”
Now the price of BTC is trying to consolidate above $28,000 and if this level becomes support in the near future, the next level that BTC will test will be
$30,000 already at the end of October.
#BTC #Bitcoin
Pantera Capital CEO Dan Morehead, who manages $4.2 billion in crypto assets, believes that BTC's lackluster performance over the previous two years was just a temporary aberration from larger future growth.
In a new interview with CNBC, Morehead said he expects BTC to resume its explosive price rise soon. He said: “BTC has a 14-year growth trend of 145% per year. This is my general forecast. It’s just going to pick up again and it’s going to double every year.”
Now the price of BTC is trying to consolidate above $28,000 and if this level becomes support in the near future, the next level that BTC will test will be
$30,000 already at the end of October.
#BTC #Bitcoin