Pantera Capital’s Dan Morehead: Bitcoin’s Bull Market To Last Until November 2025!

It has been just revealed the fact that Bitcoin’s bull market will last at least 2 years starting from now. This was stated by Pantera Capital’s Dan Morehead, and below, you can find out more details about this matter.

Dan Morehead, who manages $4.2 billion worth of assets at Pantera Capital, has stated in a recent open letter to investors that Bitcoin (BTC) is currently in a bull market.

According to him, Bitcoin’s market cycles are almost “alien” in their similarity due to its predictable and transparent supply and distribution model, which was established by its pseudonymous creator, Satoshi Nakamoto.

The rules of Bitcoin’s halving, where the rewards of miners are halved roughly every four years, have created a pattern of pronounced cyclicality.

Based on this, Morehead predicts that the current bull market will last until approximately November 1, 2025, which is just under two years from now.

“The table below shows these cycles. The rhythm is amazingly steady. The rallies are within 23 days of the 1,076-day average bull market (2.95 years). Same tightness on the downside – bear markets end within 24 days of the 382-day average (1.05 years).

**IF** past performance was a predictor of the future, the rally would last until November 1, 2025.”

“The symmetry of these 4-year blocks is simply amazing.”

In a letter addressed to investors earlier this year, Morehead expressed his belief that the stock and bond markets were overvalued, while crypto and blockchain assets were poised to outperform traditional financial assets.

According to him, asset allocators should be wary of investing in bonds because it could be dangerous, and the real estate market was coming off all-time highs.

Equities were also overvalued, leaving only a few asset classes, such as real commodities and blockchain assets, as viable options.

Morehead further urged institutions to consider investing in blockchain assets, which he said is a trillion-dollar asset class with most institutions having little or no exposure to it.

He suggested that institutions should allocate a couple of percent of their assets to blockchain assets to benefit from its potential growth.