Pantera Capital: $35k Bitcoin Expected Before 2024 Halving, Then Blast Off to $148k

According to recent commentary from crypto investment firm Pantera Capital, the upcoming Bitcoin halving in April 2024 could catalyze a surge in Bitcoin’s price based on historical trends.

The Bitcoin network operates on a programmed reward schedule that cuts the block reward in half approximately every 4 years, an event known as the halving. Pantera notes that in past market cycles, Bitcoin’s price has risen leading into the halving, followed by an even more dramatic rise in the year after.

Specifically, Pantera expects Bitcoin could reach $35,000 before the 2024 halving, and then soar to $148,000 in the subsequent year. This projection is based on Bitcoin’s performance around the previous two halvings in 2012 and 2016.

Some analysts point to recent positive developments like the XRP lawsuit ruling and institutional endorsements as setting the stage for major digital asset growth heading into the next halving. The built-in supply shock of the halving is considered a key driver of Bitcoin’s long-term appreciation.

As the Bitcoin community gears up for only the third halving event in its history, many share Pantera’s optimistic outlook. With market forces aligning and the halving’s deflationary impact on the way, hopes are high this cycle could replicate the signature parabolic rallies of past bull runs. Only time will tell whether history repeats and Bitcoin reaches 6-figure territory once again.

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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of


Felix Küster
Felix Küster

Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. He is also actively involved in the crypto community - both online as a central contact in the Facebook and Telegram channel of Captainaltcoin and offline as an interviewer he always maintains an ongoing interaction with startups, developers and visionaries. The physicist has couple of years of professional experience as project manager and technological consultant. Felix has for many years been enthusiastic not only about the technological dimension of crypto currencies, but also about the socio-economic vision behind them.

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