Pantera Capital: Bitcoin price will reach $117,000 by 2025
On May 9, according to Pantera Capital’s latest investor communication, the cryptocurrency hedge fund predicted that Bitcoin prices would climb to $117,000 by August 2025, BlockBeats reported. The forecast is based on its use of a stock-to-flow model that takes into account proportional changes in Bitcoin supply and new production flows. The model shows that Bitcoin prices typically rise significantly after every four-year halving event.
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