Pantera Capital CEO: Bitcoin is expected to reach $115,000 this summer

Dan Morehead, CEO of the blockchain hedge fund Pantera Capital, stated in an email, “Bitcoin is now ahead of our expected April 2020 schedule and will reach $115,000 this summer.” Pantera’s forecast is based on The S2F model, this analytical framework evaluates asset prices based on the annual issuance schedule of assets, and measures the scarcity of Bitcoin.
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