Pantera Capital is a US based major crypto investment firm. It’s CEO Dan Morehead has claimed that the price for crypto will raise although there are energy issues. He predicted that BTC would hit 115000 in the coming August. He also claimed that price could double in the next 5 or 6 months.

Morehead said that BTC had a consistent habit of 10 years compound annual growth of 233%. If any technical person looks into the chart of last few years, it may apparently seem bearish but if the chart is zoomed out, one can see a consistent pattern which shows its stability.

He added that in the next few months, BTC will regain its consistency. He suggested that BTC is a good chance to buy because it is well below the ten years compound annual. He said another reason is that the last ten years record of BTC is very impressive. Each year’s average is larger than tripping and this year will also be the same.

In an interview with Bloomberg TV, Coinbase (crypto exchange company) president Emilie Choli also endorsed an increasingly enhancing sustainable innovation in the BTC market.