Bitcoin Watch – Crypto hedge fun manager expects bitcoin to reach USD20,000 by year end

Pantera Capital CEO Dan Morehead says USD6,500 is the absolute bottom for bitcoin’s value, and sees the cryptocurrency going to USD20,000 by the end of 2018. The cryptocurrency hedge fund, which is down more than 50% this year, is optimistic bitcoin can turn itself around and exceed its all time high of just over USD19,000.

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