Markets

Crypto is likely to be the most aggressive sales phase, says Pantera Capital General Partner – Here's his prospect

The general partner of the Pantera Capital of the Digital Assets Investment Society is optimistic that Crypto has a Bullish year, despite the significant correction that was recognized as Bitcoin (BTC) reached the highest level of all time in January.

According to For Cosmo Jiag, the Pantera Capital Capital, the worst stage of cryptocurrency could now be completed, despite the fact that macroeconomic stops are still hanging above the industry.

“… It was a difficult quarter, with high macro forces clearly in the driver's seat and caused a meaningful risk of appetite. The biggest overhang is still tariff uncertainty and their impact on the global economy. The picture is still very insecure, reflected in historically low sentiment indicators.

In the short term, the general partner of Pantera Capital states that cryptocurrencies have shown relative strength compared to other assets.

“We are starting to see signs that digital assets work better in a very short period of time. April Monthly, digital assets have shown relative surpassing compared to shares and dollars. Solana and Bitcoin are up until the shares are down. It is early, but it is possible that digital assets have been pulled back.

According to Jiag, the cryptocurrency prices are currently not reflected in the positive developments of the crypto industry, such as the friendly US regulatory environment and the creation of a strategic bitcoin reserve.

“Undoubtedly, Crypto was the most positive headlines in history, many of which are structural changes and yet it was the worst performance since 2018. We believe that good news is certainly not appreciated and that it may simply be overlooked.”

Follow us on XTo do, Facebook and Telegram

Do not skip a stroke – order to receive e -mail notifications directly to your inbox

Check the price of the prices

Surf a blend of everyday hodl

& Nbsp

Opinion: Opinions published in the Daily Hodl are not investment advice. Investors should make their diligence before investing in Bitcoin, cryptocurrency or digital assets. Note that your transfers and transactions are your own responsibility and all the damage that may occur is your responsibility. Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets or Daily Hodl investment advisor. Note that the Daily Hodl is involved in the marketing company marketing.

Created image: Midjourney

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Adblocker Detected

Please consider supporting us by disabling your ad blocker