Bitcoin Price Could Hit $740,000 and $15 Trillion Market Cap by April 2028, Pantera Capital CEO Predicts

Bitcoin (BTC) price could climb to $740,000 per coin within the next four years, driven by increasing technology adoption across the financial sector

Pantera Capital CEO Dan Morehead has suggested that Bitcoin's price could reach $740,000 per coin within the next four years.

In a note to investors on Monday, Morehead highlighted the increasing technology adoption across the financial sector and noted that blockchain remains largely untapped.

According to Morehead, 95% of financial wealth has yet to engage with the technology, and they are just beginning this massive transformation now. He added that when they do, Bitcoin might be at something like $740,000 per coin.

If Bitcoin were to reach the $740,000 mark, it would represent a market capitalization of $15 trillion, which is still modest compared to the $500 trillion in global financial assets, Morehead noted.

While acknowledging the unpredictability of future price trends, Morehead outlined a potential trajectory where Bitcoin could hit this valuation as early as April 2028, though he cautioned that “it will take a few years longer.”

Emphasizing Bitcoin's historical growth, which has already seen three orders of magnitude in price increases, Morehead argues that another such leap remains plausible. He framed Bitcoin and blockchain assets as having a uniquely compelling investment case, citing their high potential return relative to their risk profile.

“The expected value of the trade is the most compelling I have seen in almost forty years of doing this,” Morehead says, expressing cautious optimism about the sector’s long-term prospects.

At press time, Bitcoin is trading at $93,192 after failing to surpass the $100,000 resistance level, with the price pulling back from its recent attempt to break through the key milestone.