Digital currency Bitcoin sets new record with latest price surge
In an astonishing display of foresight, investment firm Pantera Capital's prediction for Bitcoin's price in 2025 has proven remarkably accurate. On August 11, 2025, Bitcoin closed above $119,000, nearly matching Pantera's forecast of approximately $117,482.
Pantera's prediction was rooted in the analysis of Bitcoin's historical halving events, which reduce the supply of new Bitcoins and have historically triggered post-halving price rallies. The firm's model took into account the typical timing between market bottoms and these rallies. At the time of the forecast, Bitcoin was near its cycle low around $16,000 in late 2022, from which it surged more than 660% by August 2025.
The success of Pantera's prediction comes amid growing institutional influence in the cryptocurrency market. ETFs and corporate holders now control a combined 14.5% of total Bitcoin supply, and some speculate this might disrupt traditional four-year halving patterns since demand dynamics are evolving beyond retail buyers. However, the near-perfect accuracy of Pantera's prediction suggests that supply-driven cycles still largely govern Bitcoin's price action.
The recent gains for Bitcoin are also attributed to increased demand from public companies like Michael Saylor's Strategy, as well as favourable U.S. regulatory policies under President Donald Trump. In early August, President Trump expanded access for 401(k) pension plans to include cryptocurrencies, and he signed an executive order to "strengthen America's leadership in digital finance" this spring.
The price increase was observed on August 14, with Bitcoin setting a new all-time high overnight, reaching $123,500 on Binance, a major crypto exchange. The previous record of $123,200 was reached on July 14. Despite a slight slowdown after exceeding $123,500, the price increase was significant and marked a milestone in the cryptocurrency's history.
The information was reported by Bloomberg, and Pantera Capital's accurate prediction underscores the powerful predictive value of supply-driven cycles in Bitcoin's valuation. As the cryptocurrency market continues to mature and regulatory clarity becomes more established, it will be interesting to see how these supply-driven cycles evolve and how they may reshape the future dynamics of Bitcoin's price action.
Pantera Capital's success in accurately predicting Bitcoin's price in 2025 highlights the potential for technology-driven investments in the field of finance, as the firm's model relied on analyzing Bitcoin's historical halving events and predicting post-halving price rallies. As institutional influence increases in the cryptocurrency market, along with favorable regulatory policies, investing in digital finance could become an attractive venture for institutional investors in the future.
