Who Were Bullish About Bitcoin in the Past 12 Months

There are many analysts, investors, and firms that are bullish about the future of Bitcoin and the potential for significant growth in its value and market size. Pantera Capital is a crypto-focused investment firm that has been involved in the industry since 2013 and has a long-term outlook on the potential for blockchain and cryptocurrency. In a recent investor letter, Pantera Capital noted that it believes Bitcoin is currently in the early stages of the next bull market cycle, with significant upside potential in the coming years.

ARK Invest is an investment management firm that focuses on disruptive innovation and emerging technologies, including blockchain and cryptocurrency. The firm has been a strong proponent of Bitcoin and has been making significant investments in the space in recent years. ARK Invest has projected that Bitcoin could eventually become a multitrillion-dollar market, driven by increasing adoption, network effects, and its potential use as a store of value and medium of exchange.

Of course, it's worth noting that these are just projections and predictions, and the future of Bitcoin is highly uncertain. The cryptocurrency market is highly volatile, and prices can fluctuate rapidly and unpredictably based on a wide range of factors, including market sentiment, regulatory developments, and technical innovations. As with any investment, it's important to conduct thorough research and consider the risks and potential rewards before making any investment decisions.