Under a new one Interview with CNBC, Pantera Capital CEO Den Morehead said Bitcoin (BTC) will hit $ 750,000 brand within the next four years. Pantera claims to be the first US-based Cryptocurrency Fund, which was launched when Bitcoin (BTC) acted at $ 65 in 2013. Morehead is unsure when BTC will hit the very predicted brand 1 million, but think it will happen within his lifetime. In this price for pricing proceedings, let’s discuss when Bitcoin (BTC) can hit the seven-digit figure.
Bitcoin Price Presence: $ 1 million A reality by 2030?
Bitcoin (BTC) that hits the brand $ 1 million has predicted by several industry heavyweights. Binance founder Changpeng Zhao (CZ) stated that BTC could hit somewhere between $ 500,000 and $ 1 million this bike. Ark Invest CEO Cathie Wood also believes that BTC will eventually hit $ 1 million. Bitcoin Maximalist Michael Saylor is also of a similar opinion.
Bitcoin’s (BTC) ETF products have seen incredible adoption over the past year. The ETF launch has led to many financial institutions opening their doors for crypto investments. Blackrock, the world’s largest asset manager, has been substantial at BTC. Blackrock CEO Larry Fink went as far as to say that Cryptocurrencies as Bitcoin (BTC) could eventually replace the US dollar as the global reserve currency.
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While Morehead’s Haussearted Bitcoin (BTC) forecast has led to a lot of online surfing, Patera Capital CEO also easily throws on Solana (sun). Morehead called the SoL network the best performing blockchain over the past four years and exceeded the Bitcoin network. Morehead also emphasized that SOL is Panta’s largest position, with $ 1.1 billion invested.
