Pantera’s bear market Bitcoin call nails 2025 price, silencing cycle skeptics

Key Points

1. Pantera’s November 2022 forecast projected Bitcoin would hit $117,482 by Aug. 11, 2025, which was confirmed as Bitcoin closed above $119,000 on that date.

2. Bitcoin was trading near $16,000 in November 2022, its cycle low, and has since surged over 660% to around $120,000.

3. The US spot Bitcoin ETFs, launched in January 2024, have become the most successful ETF debut in history, holding 7.1% of Bitcoin’s supply (1.491 million BTC).

4. Public and private companies collectively hold 1.36 million BTC, contributing to increased institutional adoption.

5. Analysts suggest institutional involvement, such as ETFs and corporate holdings, may alter Bitcoin’s traditional four-year cycle dynamics.