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Pantera Capital CEO Believes Bitcoin Could Reach $356,000 in a Couple Years

© Reuters.  Pantera Capital CEO Believes Bitcoin Could Reach $356,000 in a Couple Years
© Reuters. Pantera Capital CEO Believes Bitcoin Could Reach $356,000 in a Couple Years

Pantera Capital founder Dan Morehead discussed how (BTC) could hit $42,000 by the end of 2019, and even has the potential to reach $356,000 within a couple years. Morehead delivered his comments on an episode of the Unchained podcast on July 23.

Morehead specifically said that he predicts BTC will hit $42,000 by the end of the year, and climb to $356,000 by 2022. Morehead claimed that this would be consistent with the top cryptocurrency’s logarithmic growth rate:

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Source: investing.com
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