Pantera Capital首席执行官Dan Morehead设定了126,000美元的比特币价格目标

Pantera Capital的首席执行官Dan Morehead以其在2013年以来以其在数字资产投资中的开创性角色而闻名的公司，对比特币发表了大胆的估值呼吁。

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的首席执行官Dan Morehead认为，如果最近的政治和监管发展在市场价格上得到了充分的反映，则比特币的价格应超过120,000美元，甚至超过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.

自上次美国总统大选以来，莫尔黑德的论点是在比特币的价格仅上涨24％的时候，这是他的标准的一个不大幅度。在X上的一篇文章中，莫尔黑德（Morehead）强调了重要的政治和监管里程碑，这些里程碑表明比特币目前的价格为71,811美元，应该更高。

“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),针对区块链行业参与者的大多数主要SEC行动都下降了，总统主持了一次峰会，以从行业中获得意见……这一切都在十周内。”

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?

根据莫尔黑德（Morehead）的说法，如果您要押注比特币的价格绩效，考虑到这些获胜的可能性，您会说加密货币的价格在今年年底时会上涨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.”

“我敢打赌，你会说比特币将超过24％。我的想法是，市场几乎没有转移到趋势上。帕特拉比特币基金的十二年复合年增长率为83％。在我看来，这几乎是自然而然地提高的。在我看来，加密市场的价格尚未在非常积极的发展中。”

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.

通过建议市场目前的价格无法捕捉自然的上升趋势，并且83％的上升趋势将BTC置于126,000美元以上，莫尔黑德的看涨预测尤其令人惊讶，因为最近市场波动的背景。

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.

在美国总统唐纳德·特朗普（Donald Trump）宣布互惠关税之后，比特币遭受了7％的速度，并提醒人们，即使是最有前途的前景，也可能会因突然的地缘政治和经济冲击而迅速破坏。

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的创始人亚瑟·海斯（Arthur Hayes）周一对市场的7％的衰退做出了反应。他在X上的一篇文章中说，交易者可以期待未来几周内波动的条件。根据海耶斯的说法，$ 76,500的价格点至关重要。如果比特币能够在4月中旬保持该水平，那么我们将看到市场以积极的看法重新获得牵引力的能力。

“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不喜欢'解放日'，如果BTC现在可以持有76.5k美元的$ 76.5K，而美国税日15月15日，我们就不在树林里了。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.

同时，Capriole Investments的创始人兼首席执行官查尔斯·爱德华兹（Charles Edwards）暗示了美联储干预的可能性。他将扩张性货币政策有助于重新点燃风险的食欲，通常会在此过程中促进比特币，从而将比特币重新点燃。

“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?”

“考虑到这一点，关税比预期的要高。菲利美联储的业务前景调查显示，今天的期望与2000、2008和2022相当。鲍威尔打印机开始嗡嗡作响了多长时间？”

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

发稿时，BTC的交易价格为81,811美元。