Pantera Capital CEO told when Bitcoin will reach $20,000

The current economic crisis will favorably affect Bitcoin and allow it to reach $20,000 within a year. This is stated in the appeal of Pantera Capital crypto hedge fund CEO Dan Morehead to investors, writes The Daily Hodl.

Morehead noted the large-scale impact of the crisis on the global economy, comparable to the recession of the post-war years. He said that he is trading in destabilizing the macroeconomy. In his opinion, this crisis is not like the previous ones.