Hold onto your hats because Pantera Capital is painting a dazzling picture for Bitcoin's future! Brace yourself for their more grounded yet exhilarating prediction: Bitcoin skyrocketing to an eye-popping $117,000 by August 2025.
Why such lofty numbers? Pantera Capital points to the magic of Bitcoin halvings, those game-changing events where mining rewards are halved. Historically, these moments have ignited epic bull runs, and Pantera believes the trend will continue.
Their latest report unveils a thrilling prognosis: post-2024 correction to $57,000 notwithstanding, Bitcoin is poised for a mega bull run by 2025. Just look at the numbers: in 2023, Bitcoin hit $28,168, and by 2024, it surged 1.8x. Pantera projects an even more jaw-dropping 4.2x leap within 480 days post-halving, peaking at an electrifying $117,482. Some dare to dream even higher at $155,000!
But it won't be smooth sailing. Pantera pinpoints the Everest of resistance at $63,000, identifying a "triple top pattern" in Bitcoin's trajectory. Brace for turbulence and volatility, they warn, but breaking through is the ultimate goal.
Despite the challenges, Pantera remains resolute, buoyed by past triumphs like accurately predicting Bitcoin's bottom at $17,000. The stage is set for Bitcoin's next epic journey. Will it reach for the stars or face a bumpy road ahead? Buckle up for the thrilling ride ahead! 🚀 #ETFvsBTC #BTC☀️ #BuytheDips #bitcoinhalving #bitcoinhalving। $BTC