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A Bitcoin Price of $115,000 Next Year?

Dan Morehead, CEO of Pantera Capital, talks about the coronavirus and its impact on the economy and on Bitcoin. We discuss: 

  • why he thinks the US won’t have a V-shaped recession
  • how the government’s monetary and fiscal policy will affect the recovery
  • how this looks similar to what he saw when he traded in Japan in the early 1990s
  • why tokens are outperforming venture
  • whether or not Bitcoin is uncorrelated or if that narrative is changing
  • where he thinks Bitcoin will go — and whether the rest of the crypto market will go with it
  • what he thinks will happen after the halving
  • and why his projection is that Bitcoin could reach $115,000 in 2021

Thank you to our sponsor! 

Crypto.com: https://crypto.com

Episode links: 

Dan Morehead: https://twitter.com/dan_pantera

Pantera Capital: https://www.panteracapital.com

Pantera’s April 2020 newsletter: https://medium.com/@PanteraCapital/macro-impact-on-bitcoin-pantera-blockchain-letter-april-2020-1fdc792d4f33

Pantera’s March 2020 newsletter: https://medium.com/@PanteraCapital/crypto-in-this-crisis-pantera-blockchain-letter-march-2020-4c73af3aaaf7

Links from news recap:

https://unchainedpodcast.com/paul-hodl-jones/

 

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