Pantera Capital Predicts Bitcoin Price Could Reach $114,000 by 2025: Here’s Why
Pantera Capital Predicts Bitcoin Could Reach $114,000 by 2025
Pantera Capital, a prominent crypto hedge fund, has recently reiterated its bullish stance on Bitcoin, forecasting a potential price surge to $114,000 by August 2025. The firm based its prediction on a market model that analyzes Bitcoin’s supply dynamics, particularly in the context of the recent halving event.
In its 100th letter to investors, Pantera revisited its analysis of Bitcoin’s performance before and after halving events, using a stock-to-flow model to gauge the cryptocurrency’s scarcity and value proposition. The model takes into account the reduction in new Bitcoin production by 50% every four years during halving events, which historically has led to significant price increases.
According to Pantera’s analysis, Bitcoin prices tend to peak around 2.6 years after halving events, suggesting that the current projections could materialize by August next year. While the stock-to-flow model is not foolproof, it has been widely used in the crypto industry to assess the true value of Bitcoin.
Pantera’s optimistic outlook is in line with other finance professionals who have made bold predictions for Bitcoin’s future price. Fidelity’s Jurrien Timmer believes Bitcoin could surpass gold in valuation, reaching $1.5 trillion. Research firm Bernstein has also forecasted a $150,000 price target for Bitcoin by mid-2025.
Despite recent market fluctuations, with Bitcoin falling 2% to $61,000 in the past 24 hours, industry experts remain confident in the long-term potential of the cryptocurrency. Skybridge Capital founder Anthony Scaramucci and Fundstrat Global Advisors’ Thomas Lee have both made optimistic price predictions for Bitcoin, suggesting that the cryptocurrency could reach $170,000 and $150,000 respectively in the coming years.
As the crypto market continues to evolve, Pantera Capital’s bold prediction underscores the growing optimism surrounding Bitcoin’s future potential, despite external challenges such as inflation concerns and geopolitical tensions. With industry experts projecting significant price gains for Bitcoin in the years ahead, investors and enthusiasts alike are closely monitoring the cryptocurrency’s trajectory.