{"id":23880,"date":"2023-10-07T00:29:08","date_gmt":"2023-10-07T00:29:08","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-set-to-double-every-year-claims-pantera-capitals-ceo\/"},"modified":"2023-10-07T00:29:08","modified_gmt":"2023-10-07T00:29:08","slug":"bitcoin-set-to-double-every-year-claims-pantera-capitals-ceo","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-set-to-double-every-year-claims-pantera-capitals-ceo\/","title":{"rendered":"Bitcoin Set to Double Every Year, Claims Pantera Capital&#8217;s CEO"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Dan Morehead, the CEO of Pantera Capital, recently shared his perspective on <a href=\"https:\/\/igaming.org\/cryptocurrencies\/section\/what-is-a-bitcoin\/\">Bitcoin<\/a>\u2018s current price trajectory in an appearance with CNBC. Despite Bitcoin\u2019s recent stagnant price, Morehead remains optimistic about its growth potential.<\/p>\n<p>He stated, <em>\u201cBitcoin has a 14-year trend growth of 145% a year. That\u2019s kind of my general forecast. It\u2019ll just restart that and every year it\u2019ll more than double.\u201d<\/em> This showcases Morehead\u2019s belief that Bitcoin is set to return to its upward path.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>177% up to 5BTC + 77 <strong> Free Spins<\/strong>!<\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Furthermore, Morehead envisions the blockchain sector as being in a <em>\u201c20-year secular bull market.\u201d<\/em> He foresees a plateau in Bitcoin\u2019s growth only when its ownership becomes ubiquitous.<\/p>\n<p>Beyond Bitcoin, Morehead also touched upon other assets. He perceives current equities as overpriced, views real estate prices as retreating from their peak, and believes investing in bonds is now <em>\u201cpretty dangerous.\u201d<\/em> With such evaluations, he anticipates a downward trend for equities in the upcoming years.<\/p>\n<p>Highlighting potential avenues for investment, Morehead said, <em>\u201cThat does leave a couple of asset classes, like real commodities and blockchain. Blockchain is a trillion-dollar asset class. Most institutions have essentially zero exposure right now. They should dial it up to a couple percent.\u201d<\/em><\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>177% up to 5BTC + 77 <strong> Free Spins<\/strong>!<\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>At the time of writing, Bitcoin\u2019s price stood at $27,913 according to <a href=\"https:\/\/igaming.org\/cryptocurrencies\/coinmarketcap\/\">CoinMarketCap<\/a> data. In the last 24 hours, it has seen a uptick of nearly 1.85%.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/pantera-capital-ceo-foresees-bitcoin-doubling-annually\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Dan Morehead, the CEO of Pantera Capital, recently shared his perspective on Bitcoin\u2018s current price trajectory in an appearance with CNBC. Despite Bitcoin\u2019s recent stagnant price, Morehead remains optimistic about its growth potential. He stated, \u201cBitcoin has a 14-year trend growth of 145% a year. That\u2019s [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":23881,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23880"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=23880"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23880\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/23881"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=23880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=23880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=23880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}