Cryptocurrency Hedge Fund Manager Says Bitcoin Is Flashing A Rare Buy Signal
Dan Morehead, the CEO of Pantera Capital, a large cryptocurrency hedge fund, says that the worst could be over for bitcoin and that $6,500 was the bottom of this bear market and he sees the cryptocurrency going to $20,000 by the end of the year. Pantera's Bitcoin Fund is down by more than 50% this year but it has still returned more than 10,000 percent life to date, according to their most recent letter to investors.
