Pantera Capital Predicts Bitcoin To Reach $356k

The founder of Pantera Capital, Dan Morehead has predicted that bitcoin could hit $42,000 by the end of 2019 and he deduce that it will grew in logarithmic rate it may reach $356,000 within a couple years. Morehead explained, “Graph the price of Bitcoin logarithmically its trend is going to grow at 235% compound annual growth rate and that put Bitcoin at $42,000 at the end of 2019.”

Leave a Reply

Your email address will not be published. Required fields are marked *