Crypto Investment Fund Pantera Capital Predicts $67,500 Bitcoin in 2019

Pantera Capital, one of the first investment firms to focus solely on the cryptocurrency and blockchain sector, has announced a substantial lifetime return of over 10,000% in a recent announcement celebrating the fund's 5-year anniversary.

"I was discussing bitcoin with an investor yesterday and he replied somewhat dismissively"It's just like buying gold".

No, it's like buying gold in 1000 B.C. 99% of the financial wealth has yet to address bitcoin.

When they do, bitcoin is either going to be worth zero or $5,000 /BTC.".

I believe bitcoin right now is just like that".

The Pantera Capital fund has backed some of the most successful ventures in the crypto space, investing in projects such as 0x, Abra, Augur, OmiseGO, and Ripple.

Pantera Capital's anniversary announcement and lifetime return reports may offer a compelling example of the past benefits of cryptocurrency investment, but the market predictions outlined by the firm present a highly bullish stance on the future of Bitcoin.

The cryptocurrency investment firm predicts a $21,000 Bitcoin price by the end of 2018, and a dramatic surge to $67,500 by the end of 2019.

Pantera Capital's bullish price predictions are in line with previous assessments form CEO Dan Morehead, who stated earlier this year that the launch of custodial solutions aimed at institutional investors will catalyze a rapid increase in Bitcoin price.

Pantera Capital's forward-leaning investment portfolio is set to capitalize on a rapid surge in cryptocurrency adoption, notably including Brave - a blockchain-based browser project integrated with the Basic Attention Token, which is currently under consideration for listing by Coinbase.