Pantera Capital CEO Predicts Crypto Market Will Experience a Bullish Trend in 2-3 Years
According to Dan Morehead, founder of Pantera Capital, the cryptocurrency market is expected to experience a bullish phase within the next 18-24 months.
This will be fueled by investors becoming more active in the stock markets, resulting in increased value for Bitcoin. Business indicators in the US and Eurozone have been on the rise since early 2024 and Morehead predicts that this will lead to record high values for not only Bitcoin, but also other cryptocurrencies.
Additionally, the upcoming halving in April will further increase the market’s appeal for larger capital. This has been echoed by other experts, such as Mike Novogratz, who have observed a growing institutional demand for Bitcoin.
In addition, Morehead believes that regulation of the cryptocurrency industry will also play a key role in improving the market’s situation.