Bitcoin Price Predictions: Why One Analyst Says BTC Will Hit $200K in 2022
This time around though we aren’t looking at a slew of bitcoin price predictions, but rather what one analyst has to say on the matter. That’s Pantera Capital CEO Dan Morehead. He believes there’s still plenty of room for the crypto to run.
“My prediction is Bitcoin will be 213 percent high, a year from now… that puts it at $200,000 a year from now. I know it sounds crazy, but I think it’s likely to happen. All the fundamentals seem fantastic. For every million new users, the price of bitcoin rises $200. It happened every time except for February 2016, when the price was slow to hit.” From - CEO DanMorehead / Source Google
