Analysts at Pantera Capital believe that Bitcoin (BTC) will reach an impressive $117,000 by August 2025.
This forecast is based on historical data from the BTC halving, an event in which the reward for mining a block on the network is halved.
BTC price forecast from Pantera Capital
A recent report from Pantera Capital noted that post-halving periods traditionally feature significant rallies. Based on this trend, analysts forecast a strong 4.2x growth by the end of August 2025, 480 days after the halving. According to their calculations, the price of the main cryptocurrency will reach $117,482.
Pantera also pointed out Bitcoin’s current trajectory, which includes a triple top pattern.
“A pattern has formed on the chart, which we often call a triple top. BTC/USD is currently experiencing a corrective recovery. However, breaking the resistance level of $63,000 remains the main challenge and goal. The greatest volatility occurs after the breakout,” the analysts noted in the report.
Bitcoin price rally after halvings. Source: Pantera Capital
However, Pantera remains confident in the results of the calculations. Let us remember that earlier the company successfully predicted the fall of BTC to $17,000.