The CEO of California-based venture capital firm Pantera Capital, Dan Morehead assumes that the price of Bitcoin may break $200.000 by 2022. He shared the analysis on social media.
Morehead's view is based on the growing number of BTC adoption. In the published paper, he presented statistics that show the coin's price goes up by $200 every time there are million new users. This is true except for February 2016.
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Pantera Capital CEO Assumes BTC May Hit $200.000 by 2022