Bitcoin We Don Predict Say E Go Reach Between $100K and $180K Wey Dem Dey Push with Institutional Inflows and Supply Shock
Di expect say Bitcoin price go reach between $100,000 and $180,000 by di end of 2025, as e dey driven by significant bullish momentum, institutional inflows, and possible supply shocks. Prediction markets show say e get 85% chance say prices go pass $100,000 by di end of 2024, with possible peaks wey fit reach $125,000 or more. Di forecast wey Georgii Verbitskii, wey be di founder of TYMIO, base on di upcoming reduction in Bitcoin block subsidy for April 2024, other macroeconomic influences, and di historical decline wey don hapun for exchange reserves. Dem factors fit create supply shock, wey go increase demand against limited supply, so e go push prices up. Verbitskii dey advise traders to manage dia risks through diversification, limit orders, and options. Concerns about retracement and profit-taking dey remain, especially as long-term holders dey see increased unrealized profits. ETF don see significant inflows, with assets wey dey under management don pass $100 billion. Crypto traders suppose do further research, as dem go need to bear in mind di market's volatility and di potential downturns.
Bullish
Recent predictions dey show say Bitcoin fit see beta price increase due to many bullish factors like institutional inflows from ETFs and expected supply shocks from reduced exchange reserves and Bitcoin halving events. These factors suppose contribute to increased demand against low supply, wey go solidify bullish outlook. But, concerns about market retracement and profit-taking still dey high, as e don show historically when prices surge. Traders suppose use risk management strategies, wey show short-term volatility and the potential for long-term gains as vital market behavior. So, the overall market outlook dey bullish considering the anticipation of rising prices over time.