Pantera Capital forecasts Bitcoin price to reach 740,000 USD by 2028

Pantera Capital projects that the price of Bitcoin will reach 740,000 USD by 2028, based on data showing that this cryptocurrency has shown strong growth historically. The company points out that Bitcoin has grown an average of 88% per year since they invested in 2013, when the price of each BTC was only about 65 USD. Following this trend, if the growth continues, the price of Bitcoin could reach the milestone of 740,000 USD, corresponding to a market capitalization of about 15 trillion USD.

Additionally, the new administration in the United States, especially with the support from President Donald Trump for cryptocurrencies, could facilitate the growth of Bitcoin in the coming years. The election has brought new hope to the cryptocurrency industry and eased legal barriers, promoting this positive trend.