New Bitcoin Price Prediction Is Out For 2025
Pantera Capital, an investment firm that focuses on digital assets, believes that Bitcoin (BTC) will trigger a parabolic bull run following the halving event next year. Check out more details about this below. Bitcoin ne...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Pantera Capital, an investment firm that focuses on digital assets, believes that Bitcoin (BTC) will trigger a parabolic bull run following the halving event next year. Check out more details about this below.
Bitcoin new prediction is outAccording to their most recent blockchain letter, the firm, which manages $3.5 billion in assets, predicts that Bitcoin will surge by over 466% from its current value, reaching six figures for the first time in mid-2025.
The firm stated the following:
“Bitcoin has historically bottomed 477 days prior to the halving, climbed leading into it, and then exploded to the upside afterward. The post-halving rallies have averaged 480 days – from the halving to the peak of that next bull cycle. IF history were to repeat itself, the price of Bitcoin should have troughed December 30, 2022.”
Based on Bitcoin’s historical behavior, Pantera predicts that the cryptocurrency will reach $35,000 leading up to the next halving event on April 20, 2024, when miners’ rewards are cut in half.
The 2016 halving event decreased the supply of new Bitcoins by one-third and had a similar impact on price.
The 2020 halving event reduced the supply of new Bitcoins by 43% and had a 23% impact on price. The next halving event is expected to occur on April 20, 2024, and will result in a nearly 50% reduction in new supply.
If history repeats itself, Bitcoin could rise to $148,000 by August 13, 2025, 480 days after the halving event.
The firm made a similar prediction last year.
Bitcoin is trading for $26,102 at time of writing, down 0.1% in the last 24 hours.
It has been also revealed not too long ago the fact that reports indicate an impending drop in the price of Bitcoin below its current level in 2022. Justin Bennett, a crypto analyst, has issued a warning to his followers on social media platform X, asserting that Bitcoin could plunge by almost 50%.
We suggest that you check out our previous article in order to learn more details about this.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoGazetteRelated market context
Bitcoin (BTC) Price Prediction: Bitcoin’s Coiled Market Faces Major Breakout as $62K Support Is Tested
The Bitcoin price has struggled to build lasting upside momentum even as recent US inflation data has eased some pressure on risk...
Ethereum (ETH) Price Prediction: ETH Tightens Near $1,880 as Analysts Debate Breakout Towards $3,000 or Another Bear-Market Leg
Ethereum price is consolidating around $1,880 as ETH moves deeper into a tightening technical structure, with traders watching whe...
XRP Price Prediction: XRP Risks $0.97 as Price Remains Trapped Below Key EMAs
The weakness has left the XRP price vulnerable to another decline, with technical levels around $0.99 and $0.97 emerging as import...
Trump to Join $1 Trillion Crypto and Prediction Markets Meeting at White House
Key Takeaways: Senior executives in the crypto and prediction markets will come to the White House on Aug. 19 to see President Don...
How a public crypto firm’s 4.3% AI gain hides millions in balance sheet losses
SRX Global reported a 4.3% EMJX gain that the company labels hypothetical, but its first post-acquisition disclosures still leave...
Why a weekend break below $62,500 could unleash a Bitcoin selling wave toward $58,500
Bitcoin trades near $62,900 heading into the weekend, having touched an intraday low of $62,538 on Aug. 14. That low effectively t...