Pantera Capital CEO: Bitcoin’s Next Bull Market Is on its Way

Sept 08,2022
KingData News: Dan Morehead – Chief Executive Officer of Pantera Capital – believes the crypto winter will soon come to an end, and bitcoin’s price will head north again. “We’ve been through three big bear market cycles. I actually think we hit the lows in June, and we are on to the next bull market. It might be rocky and might take a while, but I think we are on to the next leg of a rally.” Touching upon bitcoin’s future price, Morehead predicted it will continue rising by approximately 2.5x per year. He also argued that the supremacy of the two biggest digital assets by market capitalization – BTC and ETH – has started fading, and people should pay attention to other crypto projects that are “really important.”
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