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“Bitcoin Will Reach $148,000 Soon” - Pantera Capital
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In their August “Blockchain Letter”, Pantera Capital, led by Dan Morehead, predicts a Bitcoin price rise to $147,843 post the 2024 halving. Employing the stock-to-flow (S2F) ratio, they believe the price model suggests the valuation of Bitcoin against its scarcity will become more pronounced.
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://tinyurl.com/yc2bfdtu
✔ SBF trial dates revealed: https://tinyurl.com/2k6perwx
✔ FTX’s $3.4B crypto liquidation: https://tinyurl.com/3777bfpf
✔ SEC delays spot Bitcoin ETF decisions: https://tinyurl.com/yt7zkfz9
✔ VanEck releases two ETF ads ahead of possible Monday launch: https://tinyurl.com/5sdbyapf
✔ “Bitcoin Will Reach $148,000 Soon” - Pantera Capital: https://tinyurl.com/57yrhchu
🔴 Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptoNewsAlerts. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.
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