$BTC ๐พ๐ฎ๐๐ก๐ ๐๐๐๐ค๐ง๐ฎ ๐๐๐ฃ๐๐๐๐๐ฉ๐๐ ๐๐ฎ ๐๐๐ฃ๐ฉ๐๐ง๐'๐จ ๐๐ง๐๐๐๐จ๐ ๐๐ง๐๐๐๐๐ฉ๐๐ค๐ฃ ๐๐ฅ๐ฅ
Pantera Capital has achieved stunning accuracy with their $BTC price forecast made during November 2022. The firm predicted btc would hit $117,482 by Aug. 11, 2025, when it actually closed above $119,000 on that exact date.
Their forecast came when #Bitcoin traded near its $16,000 cycle low. The asset has since surged over 660% from that 2022 bottom, validating the four-year #Halving cycle theory despite growing skepticism.
#ETFs now control 7.1% of Bitcoin's total supply with 1.491 million bitcoin holdings, while public and private companies hold another 1.36 million
Bitcoin. This unprecedented institutional involvement has some analysts questioning traditional patterns.
$BTC advocate Pierre Rochard argues halvings are now immaterial since 95% of btc has been mined. Supply now comes from buying out original holders rather than new issuance.
The btc community remains divided on institutional disruption effects. Current price action suggests cycles still matter despite structural market changes as traditional patterns continue playing out.