"Bitcoin Could Reach $ 115K"

Pantera Capital CEO Dan Morehead predicted that "Bitcoin could reach $ 115K" for the future of Bitcoin.

Many analysts and Investors share their popular cryptocurrency Bitcoin price predictions without hesitation. Following Diginex CEO Richard Bayworth's $ 175,000 year-end forecast, now Dan Morehead, CEO of Pantera Capital, shared his BTC end forecast. Morehead made a statement about the development of cryptocurrency in this year, said, "Bitcoin can see 115 thousand". Dan Morehead, the founder and CEO of Pantera Capital, San Francisco-based investment company focused on cryptocurrencies, especially BTC, made a statement. Morehead underlined that Bitcoin is now coming of age and still has a lot of energy for its rally this season: “We said that the policy of minting Bitcoin and other cryptocurrencies would boom, and it did. Another big event in the last 12 months was that the corporate firms turned towards cryptocurrencies, including Bitcoin. "   "Crypto Coins Rise Like Rocket" Stating that the current rally is very different from the one in 2017, and the increasing interest of investors and the development of decentralized finance, the financial environment in which it pushes investors to store value, Morehead continued his words as follows: “The Chairman of the FED also said that the US prints more money every month than it prints in its 200-year history. Really, the issue of unlimited money printing was on the table. With the paper money in your hand; The prices you want to buy assets such as gold, real estate, S&P 500 or Bitcoin will rise significantly. Right now, cryptocurrencies are rising like a rocket” Stating that the money supply increased significantly with the coronavirus epidemic, Morehead stated that Bitcoin's rally started after this period. While experts who are skeptical of BTC, which broke the historical record by seeing over the $ 61,000 level last week, are still anticipating a collapse, Morehead thinks the opposite.   Morehead Gave A Date Pantera CEO Morehead, stating that they expect Bitcoin to be around $ 115,000 in August 2021, according to the stock-flow model they created, said: “I started getting interested in Bitcoin in 2011. After several years of work, I was convinced. According to our stock-flow model, we have a 115 thousand dollar plan in August. "