Based

Bitcoin

April

<p>The post <a rel="nofollow" href="https://coinpedia.org/bitcoin/bitcoin-price-prediction-2025-pantera-capital-predicts-btc-price-to-hit-150k/">Bitcoin Price To Hit $150K Post Halving Event, Claims Pantera Capital</a> appeared first on <a rel="nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>While recent <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/">Bitcoin (BTC)</a> price movements have been stable, a historical pattern suggests a potential change in the coming months. Bitcoin is showing resilience towards $26K while the triggers are pushed at $25K. <a href="https://coinpedia.org/news/pantera-capital-ceo-applauds-ripples-sec-triumph-as-a-positive-black-swan/">Pantera Capital</a>, a digital assets-focused investment firm with $3.5 billion in assets under management, has boosted that Bitcoin will double down after the upcoming halving event.</p> 
<p>Truth be told, this could seem like a bit of wishful thinking at first. So, do they have any reasons to back up the claim? Let’s read on. </p> 
<h2 id="panteras-confident-forecast" data-name="panteras-confident-forecast" class="wp-block-heading"><strong>Pantera</strong>‘s Confident Forecast</h2> 
<p>In its latest <a href="https://panteracapital.com/blockchain-letter/a-positive-black-swan/#BTC%20halving">blockchain letter</a> to investors, Pantera Capital asserts that Bitcoin’s value could go for a parabolic surge by over 466% from its current level, reaching six figures for the first time around mid-2025.&nbsp;</p> 
<p>Backed by a historical trend where Bitcoin’s price has typically hit its lowest point about 477 days before a halving, then risen leading up to the event, and finally surged afterward. These post-halving rallies have historically lasted around 480 days, from the halving to the peak of the subsequent bull cycle.&nbsp;</p> 
<p>Read More: <a href="https://coinpedia.org/price-analysis/bitcoin-price-prediction-can-btc-reach-50000-in-2023/">Bitcoin Price Prediction: Can BTC Reach $50,000 in 2023?</a></p> 
<p>Pantera predicts that around August 13, 2025, Bitcoin might achieve a value of $147,843. This prediction aligns with the timing of the next halving event expected on April 20, 2024. Pantera also suggests that Bitcoin will gradually increase to $35,000 as it approaches the halving, coinciding with a reduction in miners’ rewards. Looking at past history bitcoin has made a huge jump on and off halving events.&nbsp;</p> 
<h2 id="will-history-repeat-itself" data-name="will-history-repeat-itself" class="wp-block-heading"><strong>Will History Repeat Itself?&nbsp;</strong></h2> 
<p>Drawing parallels, Pantera observes that the second <a href="https://coinpedia.org/bitcoin/anticipating-bitcoins-next-halving-cycle-heres-what-traders-can-expect-for-btc-price/">Bitcoin halving</a> in 2016 reduced supply by 33%, resulting in a similar price impact. The third halving in 2020 reduced supply by 43%, affecting prices by 23%.</p> 
<p>Hence, it is expected that in the second halving in April 2024 it will reduce fresh supply by half as most Bitcoins are already in circulation. If history prevails, Bitcoin may reach $35,000 before the next halving and $148,000 after. Bitcoin is trading at $26,102, down 0.1% in 24 hours. </p> 
<h2 id="whats-next-for-btc" data-name="whats-next-for-btc" class="wp-block-heading"><strong>What’s Next for BTC?&nbsp;</strong></h2> 
<p>This week marks the initial decision on the <a href="https://coinpedia.org/crypto-live-news/sec-to-decide-on-bitcoin-etfs-by-leading-asset-managers/">Bitcoin ETF</a>, a highly anticipated and historic event. Pantera Capital’s prediction is not the only one that suggests that Bitcoin price is about to go up.</p> 
<p>A crypto analyst, Seth, adds another perspective by suggesting that Bitcoin could reach over $300,000 by 2025 if <a href="https://coinpedia.org/crypto-live-news/blackrock-emerges-as-2nd-major-investor-in-bitcoin-mining-companies/">BlackRock</a>‘s Bitcoin Exchange-Traded Fund (ETF) gets approval. </p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f331.png" alt="🌱" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> Target 300k+ in 2025 if Blackrock <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> spot ETF gets approved! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f973.png" alt="🥳" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"> <br><br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f331.png" alt="🌱" class="wp-smiley" style="height: 1em; max-height: 1em;"> Here are the 6 reasons why it probably will get approved:<br><br>1- Blackrock approval rate of ETF are 99.8%! Only one ETF got rejected so far in its existance! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f90c.png" alt="🤌" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>2- In 2008 Financial crisis. The FED… <a href="https://t.co/uktEchohhf">pic.twitter.com/uktEchohhf</a></p>— Seth (@seth_fin) <a href="https://twitter.com/seth_fin/status/1696266484132049350?ref_src=twsrc%5Etfw">August 28, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>Factors contributing to this potential approval include BlackRock’s high ETF approval rate, its crucial role during the 2008 financial crisis, the CEO’s endorsement of Bitcoin, the existence of Bitcoin ETFs in Europe and Canada, and participation from other major asset managers like Vanguard and Fidelity.&nbsp;</p> 
<p>Also Read: <a href="https://coinpedia.org/bitcoin/bitcoin-etf-approval-looking-likely-predicts-marathon-digital-ceo/">SEC Closer to Approving Bitcoin ETF? Marathon CEO Says Chances Have Crossed 50%</a></p> 
<p>Bitcoin is dominant so far but XRP is also giving a threat post-victory so it will be interesting to see where the tide goes now. If Bitcoin ETF is approved, it may see another light by Q4.&nbsp;Either way, we can’t wait!</p>

Bitcoin Price To Hit $150K Post Halving Event, Claims Pantera Capital

Table of Contents

CoinPedia News

Other articles published on Aug 29, 2023

Assessing 3 Pepe Coin Factors That May Revive Price Action

Biden Administration’s Proposed Crypto Tax Rules Face Backlash

Republican Lawmakers Accuse Fed of Obstructing Advancements on Stablecoin Bill

Friend.tech imposes penalties on fork users amid revenue slump

Why is DeFi Losing the Race to TradFi to be Mainstream?

Altcoins : Things to Know Before Investing in Bear Market

Join our free newsletter for daily crypto updates!