Pantera Capital Predicts Bitcoin Price Surge to $114,000 by 2025
Pantera Capital, a popular hedge fund that is into cryptocurrency, made a prediction that the price of Bitcoin will rise to about $114,000 by the month of August 2025. Pantera Capital's prediction is gaining attention, even with the current challenges of the cryptocurrency industry.
At the moment, the cryptocurrency industry faces challenges like: the chaos in the Middle East, the worries about inflations, and the current interest rates policies by the Federal reserves. Pantera made use of data from Bitcoin's previous behavior before the halving event and after it.
By making use of the stock-to-flow model, they were able to analyze Bitcoin's supply, in connection to the new production rates of Bitcoin; in which case, there's a 50% reduction in the production rates of Bitcoin. This happens during the halving event, every four years.
Observing many years back, at the patterns of Bitcoin's price movement; it can be seen that Bitcoin's value surges, even as high as 93 times, due to the halving events. With Pantera Capital predicting that by August 2025, Bitcoin's price is expected to be at $114,000.