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Pantera CEO Drops Bombshell: Bitcoin Should Be Worth $120,000 Today

  • Dan Morehead, CEO of Pantera Capital, suggests that Bitcoin should be trading above $120,000, potentially even surpassing $126,000.
  • Morehead argues that the current market price fails to reflect recent political and regulatory developments that should have driven Bitcoin's price higher.
  • He outlines several milestones, including a pro-crypto presidential victory and supportive executive actions, that he believes are yet to be fully priced in by the crypto markets.
  • Despite recent market volatility, Morehead's bullish forecast suggests an 83% uptrend would position BTC above $126,000.

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