Prominent Crypto Hedge Fund Says Worst Is Over for Bitcoin

Prominent Crypto Hedge Fund Says Worst Is Over for Bitcoin

A prominent cryptocurrency hedge fund said bitcoin prices have bottomed out.
San Francisco-based Pantera Capital Management called $6,500 the probable low for bitcoin in the current bear market. The investment firm also said it was “highly likely” that bitcoin will hit new highs and exceed $20,000 within a year. Pantera, a leading voice in the crypto market, makes rare—but significant—short-term calls.

 

info  By Steven Russolillo

 

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