Mass Adoption Will Drive Bitcoin Up 10x in Price by 2025, Says Pantera Capital CEO Dan Morehead - BitcoinEthereumNews.com
BitcoinMass Adoption Will Drive Bitcoin Up 10x in Price by 2025, Says Pantera Capital CEO Dan Morehead03 / 19 / 2022बिटकॉइन एथेरियम समाचार The chief executive of a crypto-focused hedge fund thinks mass adoption could drive the price of Bitcoin (BTC) up to $400,000 in as little as three years. Pantera Capital CEO Dan Morehead says in a new साक्षात्कार with Bloomberg TV that BTCs price appreciation is based on basic “Econ 101 Supply and Demand.” “Every two years, 10 times more people use cryptocurrency than they did in the past, and that‘s been going on for a decade. Every two years, it’s 10 times more. And every two years, the price of crypto‘s gone up 10x. And to my mind, it’s that simple that within the next 5-10 years, almost everyone with a smartphone will use cryptocurrencies, and if that‘s true, they’re going to be at a much higher price.” Morehead also unveils the catalysts that he thinks will drive Bitcoins price to $400,000 by 2025. “I think it will actually be some number like that. All the use cases that are really rolling out and people are using it. Now institutional investors are really investing in the space, from taking it 10 or