Pantera founder Dan Morehead predicts that Bitcoin may reach $740,000 by April 2028, thanks to the support of U.S. President-elect Donald Trump. Morehead’s Pantera Bitcoin Fund has achieved historical returns of 131,165% since its inception in 2013. According to Morehead’s theory, Bitcoin could reach $740,000 if it continues its current trend line and growth mode.
Since Pantera began investing, Bitcoin has doubled almost every year, with a compound annual growth rate of approximately 88%. At a price of US$740,000, Bitcoin’s market value would reach US$15 trillion.
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<p>The post Bitcoin’s Price Prediction: $740,000 by 2028? first appeared on CoinBuzzFeed.</p>
