Pantera Capital Management’s Dan Morehead and Fundstrat’s Robert Sluymer believe the worst is over for the bitcoin price. Bitcoin has fallen from glory in 2018 and is currently hovering at about the $7,400 threshold after racing to nearly $20,000 in 2017.
Morehead, whose hedge fund Pantera Capital is dedicated to investing in bitcoin, altcoins and [Suspicious link removed]panies, is urging investors not to miss the boat and to buy bitcoin at these levels. Hedge fund traders know how to uncover opportunities in just about any market environment, but when a cryptocurrency market technician echoes a similar sentiment, it’s got the makings of a trend.
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https://samcrypto.com/hedge-fund-manager-market-technician-agree-bitcoin-found-bottom/
