We can't find the internet
Attempting to reconnect
Something went wrong!
Hang in there while we get back on track
1108: BITCOIN HALVING WILL SEND BTC SKYROCKETING TO $150K REVEALS MAJOR CRYPTO HEDGE FUND!!
Access AI content by logging in
Right now, most crypto investors would be grateful for the Bitcoin price to reach $20,000. The spectacular collapse of cryptocurrency exchange FTX has pushed down the price of BTC to the $16,000 level. And some traders are now suggesting that Bitcoin could touch $15,000 or lower before it ever sees $20,000 again.
So it's interesting to see that California-based crypto hedge fund Pantera Capital is putting out what seems to be -- at first glance -- a ridiculously high price target of $149,000 for Bitcoin. According to Pantera Capital, the one catalyst that has the potential to drive Bitcoin significantly higher in the near-term future is the next Bitcoin halving, scheduled to take place in March 2024. But just how realistic is this price target?
Learn more about your ad choices. Visit megaphone.fm/adchoices