Pantera Capital, a digital assets-focused investment firm, has predicted that Bitcoin (BTC) will experience a parabolic bull run after the halving event in 2021. According to the firm’s latest blockchain letter, Bitcoin could increase by more than 466% from its current value and reach six figures for the first time in its history by mid-2025.The firm believes that Bitcoin will hit $147,843 around August 13, 2025, 480 days after the next expected halving event on April 20, 2024. Pantera also predicts that Bitcoin will grind up to $35,000 leading into the halving event when miners’ rewards are cut in half.The firm made a similar prediction last year. At the time of writing, Bitcoin is trading for $26,102, down 0.1% in the last 24 hours.

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Information	Details
Geography	Global
Countries
Sentiment	positive
Relevance Score	9
People	FOTOGRI, The Daily Hodl, Dan Morehead, Joe Lopinto, Pantera Capital
Companies	Twitter, Bitcoin, Facebook, Blockchain Letter, Telegram, Pantera Capital
Currencies	ethereum, bitcoin
Securities