1106: PANTERA CAPITAL REVEALS $149K BITCOIN TARGET - HERE’S THE TIMELINE!!

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3.6 • 626 Ratings

🗓️ 17 November 2022

⏱️ 24 minutes

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Summary

Crypto fund Pantera Capital says that the next Bitcoin (BTC) halving event will spark a bull rally beginning in early 2024. Pantera predicts the Bitcoin price will soar to $36,000 in the lead-up to the next halving that’s expected to occur in March 2024 and afterward continue its bull run to an all-time high of $149,000 per BTC. “The 2020 halving reduced the supply of new Bitcoins by 43% relative to the previous halving. It had a 23% as big an impact on price. The next halving is expected to occur on March 22, 2024. Since most Bitcoins are now in circulation, each halving will be almost exactly half as big a reduction in new supply. If history were to repeat itself, the next halving would see Bitcoin rising to $36,000 before the halving and $149,000 after.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	U.S. crypto exchanges lead Bitcoin exodus with over $1.5 billion and Bitcoin withdrawn in just one week.
0:06.6	That's right. Coldfeet are in charge as exchange users continue to move Bitcoin from exchanges to non-custodial wallets.
0:13.8	And this just in breaking news, crypto exchange Gemini suffers $485 million, rush of outflows amid fear, a bankruptcy, and quitting plan B, war,
0:23.9	and yet another exchange default, currently put Bitcoin off of its 14-year growth track,
0:28.4	but in the long run, absolute digital scarcity will determine Bitcoin's path forward and
0:33.3	24 halving is on the radar. Less freaking go. And more breaking news, you won't believe this.
0:39.3	FTX held zero Bitcoin.
0:41.2	They were literally selling fake Bitcoin and they were the second largest exchange in the world.
0:46.6	Just yet another reminder to take your Bitcoin off the exchanges.
0:50.5	Also in today's show, SBF received a billion dollars in personal loans from Alameda, according to their FTX bankruptcy filing.
0:59.4	Also in today's show, SBF updates investors with his latest tweet and says we got overconfident and careless and claims $13 billion of leverage.
1:09.2	Also in today's show, Genesis Global halted withdrawals, citing
1:13.0	unprecedented market turmoil. That's right. The troubled firm is also acting as the liquidity
1:17.8	provider for the gray scale. Bitcoin trusts. Also in today's show, Breaking News,
1:22.8	Nijibo Kelle announces Bitcoin prescription for El Salvador of one Bitcoin a day. That's right. He just
1:29.2	tweeted, we are buying one Bitcoin every day starting tomorrow. Let's freaking go. Also in today's show,
1:35.3	Pentara Capital reveals $149,000 Bitcoin price target and shares their timeline. That's right.
1:41.5	The crypto fund says that the next Bitcoin having event will spark
1:44.7	a bull rally beginning in early 2024, which will send the Bitcoin price parabolic to a new all-time
1:50.4	high of $149,000. But where do you feel the Bitcoin price is likely to go next? Let me know in the
1:56.6	comments. Right down below.
2:05.7	Hey, what's good, CryptoFam?
	...

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