Crypto-focused investment firm Pantera Capital says bitcoin has seen its lows and “we’re in the next bull market cycle.” Dan Morehead, the firm’s founder and managing partner, noted: “Over the long-term, bitcoin price has been in a secular uptrend of 2.3x annually over the past twelve years, on average.”Pantera Capital published its February Blockchain Letter last week.
“That would be the seventh bull cycle, after six bear cycles,” he noted. Morehead explained in the letter that Pantera has been through 10 years of bitcoin cycles and he has traded through 35 years of similar cycles.price decline from November 2021 to November 2022 was “the median of the typical cycle.” He added: “This is the only bear market to more than completely wipe out the previous bull market. In this case, giving back 136% of the previous rally.
9 hours later PanteraCapital please step into the office of the SECGov we want to see something.... 😲🤣👄 BUSD ☠
so buy the dip if you believe it so much
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We might be, but we need a catalyst to shoot us through the 1.2t mc to fill the insane liquidity gap. Lets hope cpi is good and we can fly🫶
Les but can came back to 17/18 another time that’s is not the botton but can in these days Bitcoin
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Bitcoin will make a run towards $25-40K this year, most likely coming 6 months and people aren't ready for it. ETH to hit $2.5k before the end of feb. Y’all follow 21_sats She’s a super underrated Bitcoiner I’ve have been following her tweets and TA closely Follow her HODL
If the price really bottomed out, they wouldn't tell you
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