Cryptocurrency Hedge Fund Manager Says Bitcoin Is Flashing A Rare Buy Signal


pantera capital says bitcoin going to 20,000

Dan Morehead, the CEO of Pantera Capital, a large cryptocurrency hedge fund, says that the worst could be over for bitcoin and that $6,500 was the bottom of this bear market and he sees the cryptocurrency going to $20,000 by the end of the year. Pantera's Bitcoin Fund is down by more than 50% this year but it has still returned more than 10,000 percent life to date, according to their most recent letter to investors.

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