Pantera Capital CEO: Huge Blockchain Rally Incoming
CEO of Pantera Capital Dan Morehead predicts a “massive rally as investors flee stock, bond, and real estate markets” for crypto. Morehead said BTC price swings will become moderate as the market becomes larger. However, the CEO said BTC “won’t see the 100x rallies anymore either.” The chief of a major American hedge fund thinks that Bitcoin (BTC) won’t be seeing a massive bear or bull market from now on. This means that the largest cryptocurrency’s movement will be less volatile moving forward. Pantera Capital CEO Dan Morehead shared his views about the major Bitcoin price cycles in a blog
