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///Bitcoin Price Analysis: Buy Crypto While It’s Cheap, Says Hedge Fund Owner

Bitcoin Price Analysis: Buy Crypto While It’s Cheap, Says Hedge Fund Owner

The cryptocurrency market has languished in recent weeks, as a widely-anticipated bitcoin price rally has yet to materialize. However, Dan Morehead, founder of cryptocurrency hedge fund Pantera Capital, says that now is a perfect time to buy.

Speaking with CNBC, Morehead noted that the bitcoin price has broken below its 230-day moving average, an event which has historically proven to be an excellent trading opportunity for investors willing to purchase bitcoin and hold onto it for at least a year.

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By |2018-06-01T11:00:40+00:00June 1st, 2018|Uncategorized|0 Comments

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