ChainCatcher news, reported by The Block, Pantera founder Dan Morehead predicts that with the 'blockchain-supporting' elected president Trump returning to the White House, Bitcoin could soar to $740,000. He stated: 'Bitcoin has completed three orders of magnitude of growth, and another seems possible.'
According to Morehead's theory, Bitcoin has been on a trend line, and if it continues to maintain its growth pattern, its price could reach $740,000 by April 2028. Since Pantera began investing, Bitcoin has nearly doubled in value almost every year, with a compound annual growth rate of about 88%.
He added: 'Relative to $500 trillion in financial assets, this number is not unimaginable.' At a price of $740,000, Bitcoin's market cap would reach $15 trillion.
