{"id":26722,"date":"2024-02-26T01:08:49","date_gmt":"2024-02-26T01:08:49","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/pantera-capital-predicts-12-24-month-long-bull-market-to-start-in-april\/"},"modified":"2024-02-26T01:08:49","modified_gmt":"2024-02-26T01:08:49","slug":"pantera-capital-predicts-12-24-month-long-bull-market-to-start-in-april","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/pantera-capital-predicts-12-24-month-long-bull-market-to-start-in-april\/","title":{"rendered":"Pantera Capital Predicts 12-24 Month Long Bull Market to Start in April"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
\n<\/p>\n

\n

Pantera Capital, an American hedge fund with a focus on digital assets, recently shared an optimistic forecast for the cryptocurrency market, suggesting a potential upswing in the next 18-24 months. In their latest Blockchain Letter, the firm outlines reasons for their positive outlook, highlighting key factors they believe will fuel the next crypto bull run.<\/p>\n

Dan Morehead, the founder and managing partner of Pantera, remarked on the firm\u2019s experience with the volatile nature of the cryptocurrency market, noting that they have witnessed three significant cycles of dramatic rises and sharp declines. \u201cI think we\u2019re in the beginning of the fourth big cycle now,\u201d<\/em> he stated, pointing out the unique challenges and opportunities the market has faced in recent years.<\/p>\n

2022 and 2023 were marked by unprecedented events that negatively impacted investment in private markets, according to Morehead. However, with stock markets recovering to record highs, institutions are likely to increase their investments in the crypto space. \u201cI think the next 18 or 24 months are probably going to be a strong bull market for crypto,\u201d<\/em> Morehead predicted.<\/p>\n

\n

We\u2019re in the beginning of the fourth big cycle now.<\/p>\n<\/blockquote>\n

A significant boost to institutional adoption came with the launch<\/a> of spot bitcoin ETF in January, which Morehead sees as a catalyst for the market. Additionally, the anticipated bitcoin halving<\/a> in late April 2024 is expected to further propel the market. \u201cWith the halving expected to occur in late April 2024, we believe the convergence of these positive things will provide strong tailwinds for the next bull market,\u201d<\/em> he explained.<\/p>\n

\n
\n
\n
\n
\n
177% up to 5BTC + 77 Free Spins<\/strong>!<\/strong> <\/p>\n

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

Morehead also reflected on the broader implications of recent market events and regulatory developments. \u201cThis is a pivotal moment with the removal of these traumatic, horrible occurrences in the capital markets and blockchain space from the past couple years, coupled with positive things like the halving and regulatory clarity \u2013 all unfolding simultaneously,\u201d<\/em> he said.<\/p>\n

In previous communications, Pantera highlighted the impact of bitcoin halving events on the market. In August of 2023 Morehead had said that Bitcoin has reached a turning point<\/a> for further upside growth, following multiple \u2018debacles (FTX\/Luna) in the crypto space.<\/p>\n<\/p><\/div>\n

Source link <\/a>
\n
<\/p>\n","protected":false},"excerpt":{"rendered":"

(Originally posted on : Crypto News – iGaming.org ) Pantera Capital, an American hedge fund with a focus on digital assets, recently shared an optimistic forecast for the cryptocurrency market, suggesting a potential upswing in the next 18-24 months. In their latest Blockchain Letter, the firm outlines reasons for their positive outlook, highlighting key factors […]<\/p>\n","protected":false},"author":5,"featured_media":26723,"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\/26722"}],"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=26722"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/26722\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/26723"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=26722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=26722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=26722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}