Pantera Capital: Bitcoin price will reach $117,000 by 2025

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On May 9, according to Pantera Capital's latest investor communication, the cryptocurrency hedge fund predicted that the price of Bitcoin will climb to $117,000 by August 2025. The prediction is based on the stock-to-flow model it uses, which takes into account the changes in the proportion of Bitcoin supply and new production flow. The model shows that Bitcoin prices usually rise significantly after the halving event every four years.

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