Bitcoin Price Could Skyrocket To $148K By 2025 Post-Halving, Says Expert: 'If History Were To Repeat Itself...'
Portfolio Pulse from Benzinga Neuro
Research group Pantera Capital predicts that Bitcoin could increase to nearly five times its current value by 2025, following its halving cycle next year. The firm's analysts believe that historical patterns indicate substantial growth potential. The next halving, which halves the reward crypto miners receive, is expected in April 2024. Joe Kelly, CEO of Unchained, also predicts a significant increase in Bitcoin value post-halving.
August 25, 2023 | 12:05 pm
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Bitcoin could potentially increase to nearly five times its current value by 2025, following its halving cycle next year, according to Pantera Capital.
The prediction is based on historical patterns that indicate substantial growth potential for Bitcoin following its halving cycle. The next halving is expected in April 2024, which will reduce the reward crypto miners receive, creating a scarcity effect.
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