Pantera Capital CEO: now is the time to buy Bitcoin

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2018-04-20 15:30:05

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Pantera Capital CEO: now is the time to buy Bitcoin

In February, the wolf of wall Street investor George Belfort, the growth of Bitcoin to 50 thousand. According to him, it will happen before the first cryptocurrency collapse. The growth prospects of the coin I agree the CEO venture Fund Pantera Capital Dan Marched. According to him, the dark days of the bear market is behind us.

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Bitcoin waiting for growth

In an interview with the head of one of the most successful cryptocurrency hedge funds said that the coin is growing at 165% per year over the past five years.

Now the exchange rate is below the maximum of about 65 percent. And this is the best time to buy Bitcoin in the near future the coin is unlikely to fall below the 200-day moving average. Such a chance comes only once.

As the newspaper notes, from the beginning, the first cryptocurrency has lost about 40 percent of the cost. But this week the rate has increased by 15 percent.

Earlier, analysts of the canadian edition of Profit Confidential that by the end of 2018 , the Bitcoin exchange rate will amount to 15 thousand dollars — almost twice more than the coin is worth at the moment. Canadians emphasize the importance of introducing technology SegWit, which will make transactions cheaper and faster. Also play a role in the development of a Lightning Network.

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