A large crypto-currency hedge fund: Bitcoin pushed off the bottom at $ 6,500 and went to new heights
According to the Wall Street Journal, representatives of the hedge fund Pantera Capital made a statement that the correction has finally ended and by the end of the year, the price of the main cryptocurrency will exceed the previous limit of $20 000. Recall that this correction wave amounted to approximately 65%. On the day of astronautics, on April 12, bitcoin took off for $1000 less than half an hour, and the whole market as a whole went up, at the time of writing, its price is already above $7,934
This year, a large number of injections of institutional funds into the cryptocurrency sphere are expected. Recall that more recently, information has appeared that the company Venrock (it belongs to the Rockefeller family) has partnered with the crypto investment company Coinfund. Gold Sachs went to the crypto bank of Mike Novograz. About this, by the way, we wrote just a couple of days ago.
As the director of the hedge fund Pantera Capital Morehead says, now is the ideal time to buy bitcoin. At the end of the year, you should think about the time machine and April 2018:) This is due to the fall of the course below the moving average for 200 days. He states that in life he gave only 4 signals for the purchase of bitcoin and they were all true, this is not the person who will scatter words.