## Pantera Capital's Accurate Bitcoin Prediction Web3 investment firm Pantera Capital's bold Bitcoin (BTC) price prediction from November 2022 has proven remarkably accurate. Cointelegraph reported that Pantera, using halving cycle analysis, forecasted BTC to reach $117,482 by August 11, 2025. Bitcoin's actual price on that day was approximately $119,000, demonstrating the foresight of their analysis. ## Halving Cycle Remains Valid This prediction, made when BTC was trading below $16,000 during a bear market, underscores the continued validity of Bitcoin halving cycle analysis. The halving, which reduces the reward for mining new blocks, historically triggers bull runs due to decreased supply. Pantera's success reinforces the understanding that these cycles play a significant role in Bitcoin's price movements. As the next halving approaches, investors are closely watching to see if history will repeat itself. ```