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“Bitcoin Will Reach $148,000 Soon” - Pantera Capital
Episode 1416
Published 2 years, 5 months ago
Description
In their August “Blockchain Letter”, Pantera Capital, led by Dan Morehead, predicts a Bitcoin price rise to $147,843 post the 2024 halving. Employing the stock-to-flow (S2F) ratio, they believe the price model suggests the valuation of Bitcoin against its scarcity will become more pronounced.
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