Asset management giant Pantera Capital pointed out Bitcoin (BTC) $35,000 before the halving and $148k after the halving.
According to the news of WuBlockchain, Pantera Capital shared its BTC price forecast for the upcoming market processes. The asset management company drew attention to Bitcoin’s halving in 2024. Pantera Capital stated that if history repeats itself during the halving period, there will be an increase.
According to the report of Pantera Capital, as the halving period approaches, the price of BTC will see the level of $ 35 thousand. Pantera Capital states that with the realization of the halving, which the entire crypto ecosystem has been waiting for, $148 thousand can be seen for BTC.
Remarkable forecast from Pantera Capital
Pantera Capital, the asset company that manages investment funds in the field of cryptocurrencies, stated that the level of 148,000 dollars can be seen after the Bitcoin halving.
Nowadays, when the crypto money market is going through a turbulent period, eyes are turned to the next processes. Many crypto commentators have focused on the halving period, which represents the halving in Bitcoin. During the Bitcoin halving, the mining block rewards will be halved and the BTC mining difficulty will increase. This situation started the rise in previous halvings and BTC was bullish.
Analyzing the past halving periods, Pantera Capital states that if history repeats itself, a new rise is at the door. Pantera Capital thinks the Ripple lawsuit and BlackRock’s spot Bitcoin ETF application could also be the driving force.
The asset management company announced that all these developments will set the stage for the next bull market and that BTC can see $148k at the end of the day.
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