Analysts predict growth of bitcoin cryptocurrency to $ 117,000

In a recent report, Pantera Capital analysts suggested that post-halving periods portend significant bull rallies. However, after the halving in 2024, bitcoin experienced a price correction to $ 57,000. This pattern is typical of previous market cycles and predicts strong bullish growth through 2025.

In 2023, bitcoin dropped to $ 28,168, but by 2024, it had grown 1.8 times. Pantera Capital extrapolates this trend to a strong 4.2-fold increase by the end of August 2025, just 480 days after the halving, culminating at an impressive $ 117,482. Another optimistic forecast suggests that by the same year, BTC could rise to $ 155,000.

However, reaching these figures requires overcoming significant market resistance, in particular, about $ 63,000. Pantera Capital points to the current trajectory of bitcoin, which includes a «triple top pattern.» The analysts also predict further volatility as an indicator of future challenges.

«A pattern has formed that we often call the triple top. BTC/USD is currently experiencing a corrective recovery. However, overcoming the resistance level of $ 63,000 remains a challenge and a goal. The highest volatility occurs after a breakout,» the report says.

The company’s analysis remains unwavering, backed by successful forecasts in the past, for example, when bitcoin hit the market bottom at $ 17,000.