Bitcoin Predicted to Reach Between $100K and $180K Driven by Institutional Inflows and Supply Shock
Bitcoin’s price is expected to reach between $100,000 and $180,000 by the end of 2025, driven by significant bullish momentum, institutional inflows, and potential supply shocks. Prediction markets show an 85% chance of prices exceeding $100,000 by the end of 2024, with possible peaks at $125,000 or more. The forecast by Georgii Verbitskii, founder of TYMIO, is based on the upcoming reduction in Bitcoin block subsidy in April 2024, other macroeconomic influences, and a historical decline in exchange reserves. These factors could create a supply shock, increasing demand against limited supply, thus pushing prices upwards. Verbitskii advises traders to manage risks through diversification, limit orders, and options. Concerns about retracement and profit-taking remain, especially as long-term holders see increased unrealized profits. ETFs have seen significant inflows, with assets under management surpassing $100 billion. Crypto traders should conduct further research, bearing in mind the market’s volatility and potential downturns.
Bullish
Recent predictions indicate that Bitcoin could see a substantial price increase due to multiple bullish factors such as institutional inflows from ETFs and anticipated supply shocks from reduced exchange reserves and Bitcoin’s halving events. These factors likely contribute to heightened demand against low supply, solidifying a bullish outlook. However, concerns about market retracement and profit-taking remain high, as seen historically when prices surge. Traders are advised to employ risk management strategies, indicating short-term volatility and the potential for long-term gains as essential market behaviors. Thus, the overall market outlook remains bullish given the anticipation of rising prices over time.