In a recent publication by Pantera Capital, the firm delved into the concept of a “positive black swan” event in the blockchain industry. The term “black swan” traditionally refers to unpredictable events with potentially severe consequences. However, in this context, Pantera Capital highlights the positive implications of such events for the blockchain sector.
Key takeaways include:
Historical Bitcoin Price Predictions
Pantera Capital references historical trends to make a significant prediction about Bitcoin’s price trajectory. The firm states, “If history were to repeat itself, the next halving would see bitcoin rising to $35k before the halving and $148k after.”
Blockchain’s Rapid Growth
The blockchain sector has witnessed exponential growth over the past few years. Pantera Capital cites that the number of blockchain users has doubled every twelve months. This rapid adoption rate underscores the increasing acceptance and…
