Pantera Capital: BTC price may rise to $148,000 after the next Bitcoin halving.

BlockBeats news on August 24th, cryptocurrency venture capital firm Pantera Capital stated in an open letter that the next Bitcoin halving is expected to occur on April 20th, 2024, reducing mining rewards from 6.25 BTC to 3.125 BTC. Pantera Capital believes that Bitcoin's price performance largely depends on its halving cycle, with the next halving cycle expected to arrive within the next 12 months. Bitcoin is expected to rise to $35,000 before the halving and $148,000 after the halving.