A Bitcoin Price of $115,000 Next Year? - Ep.124

Dan Morehead, CEO of Pantera Capital, talks about the coronavirus and its impact on the economy and on Bitcoin. We discuss: 

why he thinks the US won't have a V-shaped recession how the government's monetary and fiscal policy will affect the recovery how this looks similar to what he saw when he traded in Japan in the early 1990s why tokens are outperforming venture whether or not Bitcoin is uncorrelated or if that narrative is changing where he thinks Bitcoin will go — and whether the rest of the crypto market will go with it and what he thinks will happen after the halving and why his projection is that Bitcoin could reach $115,000 in 2021

Thank you to our sponsor! 

Crypto.com: https://crypto.com

Episode links: 

Dan Morehead: https://twitter.com/dan_pantera

Pantera Capital: https://www.panteracapital.com

Pantera's April 2020 newsletter: https://medium.com/@PanteraCapital/macro-impact-on-bitcoin-pantera-blockchain-letter-april-2020-1fdc792d4f33

Pantera's March 2020 newsletter: https://medium.com/@PanteraCapital/crypto-in-this-crisis-pantera-blockchain-letter-march-2020-4c73af3aaaf7

Links from news recap:

https://unchainedpodcast.com/paul-hodl-jones/