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In a recent “Blockchain Letter” to investors, published on August 22, Pantera Capital — a venture capital firm headed by Dan Morehead — has projected that the price of bitcoin (BTC) could soar to $147,843 per coin following the 2024 halving.
The firm employed the stock-to-flow (S2F) ratio as a price model to evaluate and forecast future pricing trends across each halving event.
Venture Capital Firm Pantera Predicts a Six-Digit Bitcoin Price After the Next Halving
The next Bitcoin network halving is slated to take place in 245 days and it has sparked numerous predictions of a substantial price increase post-event.
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