Pantera Capital Joins Bullish Bitcoin Forecasts, Predicts Price Surge to $114,000 by 2025
Crypto hedge fund Pantera Capital has reiterated its bullish stance on Bitcoin, predicting a potential surge in price to $114,000 by August 2025.
The forecast comes as the industry grapples with challenges such as inflation concerns, Federal Reserve interest rate policies, and the escalating Middle East crisis.
In its latest report, Pantera Capital revisited its analysis from November 2022, which examined Bitcoin’s past performance before and after its most recent halving event.
Utilizing a stock-to-flow model, Pantera assessed the supply of Bitcoin in relation to the rate of new production, which is designed to decrease by 50% every four years during halving events.
Historical data shows that Bitcoin’s price has experienced significant increases, sometimes up to 93-fold, in response to these events.
By studying both pre-halving and post-halving rallies, Pantera Capital determined that, on average, prices tend to reach their peak approximately 2.6 years after halving events.
Based on this analysis, the projected timeframe for Bitcoin’s potential surge aligns with August next year.
#Bitcoin Gains Post-Halving
▫️2012:
