Pantera Capital首席執行官Dan Morehead設定了126,000美元的比特幣價格目標

Pantera Capital的首席執行官Dan Morehead以其在2013年以來以其在數字資產投資中的開創性角色而聞名的公司，對比特幣發表了大膽的估值呼籲。

Dan Morehead, CEO of Pantera Capital, believes that Bitcoin’s price should be trading above $120,000, potentially even surpassing $126,000, if recent political and regulatory developments were fully reflected in market prices.

Pantera Capital的首席執行官Dan Morehead認為，如果最近的政治和監管發展在市場價格上得到了充分的反映，則比特幣的價格應超過120,000美元，甚至超過126,000美元。

Morehead’s argument comes at a time when Bitcoin’s price has only increased by 24% since the last US presidential election, which is a modest rise by his standards. In a post on X, Morehead highlights significant political and regulatory milestones that suggest Bitcoin’s current price at $71,811 should be trading considerably higher.

自上次美國總統大選以來，莫爾黑德的論點是在比特幣的價格僅上漲24％的時候，這是他的標準的一個不大幅度。在X上的一篇文章中，莫爾黑德（Morehead）強調了重要的政治和監管里程碑，這些里程碑表明比特幣目前的價格為71,811美元，應該更高。

“If a few days before the US Presidential election – with bitcoin at $69,000 – a sorcerer showed you a crystal ball and in it you knew for a fact that the pro-crypto candidate wins the presidency, Red House and Senate, 54 anti-crypto Members of Congress losing their seats, several Presidential Executive Orders on crypto including: Strategic Bitcoin Reserve, US Digital Asset Stockpile (with other cryptocurrencies), most major SEC actions against blockchain industry participants dropped and the President hosting a summit to get input from the industry …all this in ten weeks.”

“If a few days before the US Presidential election – with bitcoin at $69,000 – a sorcerer showed you a crystal ball and in it you knew for a fact that the pro-crypto candidate wins the presidency, Red House and Senate, 54 anti-crypto Members of Congress losing their seats, several Presidential Executive Orders on crypto including: Strategic Bitcoin Reserve, US Digital Asset Stockpile (with other cryptocurrencies),針對區塊鏈行業參與者的大多數主要SEC行動都下降了，總統主持了一次峰會，以從行業中獲得意見……這一切都在十週內。”

According to Morehead, if you were to bet on Bitcoin’s price performance, considering these winning possibilities, would you say that the cryptocurrency’s price would rise by more than 24% by the end of the year?

根據莫爾黑德（Morehead）的說法，如果您要押注比特幣的價格績效，考慮到這些獲勝的可能性，您會說加密貨幣的價格在今年年底時會上漲24％以上？

“I’d bet you’d say bitcoin would be up way more than 24%. The way I think of it, the markets have barely moved relative to trend. The twelve-year compound annual growth rate of Pantera Bitcoin Fund is 83%. It’d be up almost as much just naturally. Seems to me that the crypto markets have yet to price in the very positive developments.”

“我敢打賭，你會說比特幣將超過24％。我的想法是，市場幾乎沒有轉移到趨勢上。帕特拉比特幣基金的十二年復合年增長率為83％。在我看來，這幾乎是自然而然地提高的。在我看來，加密市場的價格尚未在非常積極的發展中。”

By suggesting that the market’s current price fails to capture a natural upward trend and that a 83% uptrend would position BTC above $126,000, Morehead's bullish forecast is especially striking given the backdrop of recent market volatility.

通過建議市場目前的價格無法捕捉自然的上升趨勢，並且83％的上升趨勢將BTC置於126,000美元以上，莫爾黑德的看漲預測尤其令人驚訝，因為最近市場波動的背景。

Bitcoin suffered a drop of over 7% after US President Donald Trump announced reciprocal tariffs, serving as a stark reminder that even the most promising outlooks can be quickly dashed by sudden geopolitical and economic shocks.

在美國總統唐納德·特朗普（Donald Trump）宣布互惠關稅之後，比特幣遭受了7％的速度，並提醒人們，即使是最有前途的前景，也可能會因突然的地緣政治和經濟衝擊而迅速破壞。

Arthur Hayes, founder of BitMEX, reacted to the market’s seven percent downturn on Monday. In a post on X, he said that traders can expect choppy conditions in the coming weeks. According to Hayes, the $76,500 price point is crucial. If Bitcoin can maintain that level by mid-April, then we’ll see the market’s ability to regain traction in a positive light.

BITMEX的創始人亞瑟·海斯（Arthur Hayes）週一對市場的7％的衰退做出了反應。他在X上的一篇文章中說，交易者可以期待未來幾週內波動的條件。根據海耶斯的說法，$ 76,500的價格點至關重要。如果比特幣能夠在4月中旬保持該水平，那麼我們將看到市場以積極的看法重新獲得牽引力的能力。

“Mrkt no likey ‘Liberation Day’, if BTC can hold $76.5k btw now and US tax day Apr 15, then we are out of the woods. Don’t get chopped up!”

“ MRKT不喜歡'解放日'，如果BTC現在可以持有76.5k美元的$ 76.5K，而美國稅日15月15日，我們就不在樹林裡了。不要被砍掉！”

Meanwhile, Charles Edwards, founder and CEO of Capriole Investments, hinted at the possibility of Federal Reserve intervention. He drew parallels to previous periods where expansionary monetary policy helped to reignite risk-on appetite, often boosting Bitcoin in the process.

同時，Capriole Investments的創始人兼首席執行官查爾斯·愛德華茲（Charles Edwards）暗示了美聯儲干預的可能性。他將擴張性貨幣政策有助於重新點燃風險的食慾，通常會在此過程中促進比特幣，從而將比特幣重新點燃。

“Consider this as tariffs come in higher than expected. The Phily Fed Business Outlook survey is showing expectations today comparable to 2000, 2008 and 2022. How long until the Powell printer starts humming?”

“考慮到這一點，關稅比預期的要高。菲利美聯儲的業務前景調查顯示，今天的期望與2000、2008和2022相當。鮑威爾打印機開始嗡嗡作響了多長時間？”

At press time, BTC traded at $81,811.

發稿時，BTC的交易價格為81,811美元。