Bitcoin (BTC) Should Hit $135,000 After Halving, Says Pantera Capital

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Bitcoin (BTC) Should Hit $135,000 After Halving, Says Pantera Capital
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BTC should hit $135,000 if halving scenario is repeated

, a blockchain investment firm, has made a bold prediction about Bitcoin's future price. According to Pantera, the next Bitcoin halving is expected to occur on April 20, 2024. If history repeats itself, Bitcoin could rise to $35,000 before the halving and soar to $148,000 afterward. This prediction comes amid a favorable backdrop, including theBitcoin's price performance: Year in review

Over the past year, Bitcoin has experienced significant volatility. According to data, the cryptocurrency saw its price fluctuate between $16,344 and $30,468. Most recently, as of Aug. 7, 2023, Bitcoin was trading around $29,044. The asset has seen both highs and lows, with a notable dip in November 2022 when it touched $16,344. However, it managed to recover, hitting $30,466 in April 2023.

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