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Pantera Capital CEO Says Bitcoin (BTC) May Hit All-Time High in 12 Months, Hedge Fund Positioning for Cryptocurrency Market Surge

Pantera Capital CEO Says Bitcoin (BTC) May Hit All-Time High in 12 Months, Hedge Fund Positioning for Cryptocurrency Market Surge
Copyright on text and image: dailyhodl.com

The CEO of blockchain and crypto hedge fund Pantera Capital says he believes Bitcoin (BTC) will likely shatter its all-time high of $20,000 in the next 12 months.

In a new letter to investors, Morehead says the current global economic crisis is unprecedented.

“I have spent 35 years trading global macro disruptions. This is like no other. This will certainly end the longest global expansion on record. It is likely to have a larger global economic impact than any downturn in recent memory.”



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