Right now, most investors would be grateful for Bitcoin (BTC -0.23%) prices to reach $20,000. The spectacular collapse of cryptocurrency exchange FTX has pushed down the price of Bitcoin to the $16,000 level. And some traders are now suggesting that Bitcoin could touch $15,000 or lower before it ever sees $20,000 again.
So it’s interesting to see that California-based crypto hedge fund Pantera Capital is putting out what seems to be — at first glance — a ridiculously high price target of…
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