2024

Bitcoin

April

The price of Bitcoin (<a data-ct-non-breakable="null" href="https://cointelegraph.com/bitcoin-price" rel="noopener noreferrer nofollow" target="null" text="null" title="null">BTC</a>) may reach $180,000 by the end of 2025 — according to Georgii Verbitskii — the founder of the TYMIO decentralized finance platform.
In a statement to Cointelegraph, Verbitskii forecasted a Bitcoin price between $100K and $120K by the end of 2024 or early 2025 — before President-elect Trump assumes office on January 20, 2025. The TYMIO founder continued that BTC may reach $180,000 by the end of 2025 as more traders are drawn into the fray. Verbitskii told Cointelegraph:
<blockquote>
 "Bitcoin's price can double during this bull run and has the potential to reach the $180,000 threshold. This takes time — we may witness this level closer to the end of 2025. The peak of this cycle could reach much greater levels as we progress into the next two years."
</blockquote>
However, Verbitskii cautioned traders to properly manage risk by diversifying their positions, executing trades via limit orders, and using options to avoid the devastating effects of rapid market downturns.
<figure><img alt="Bitcoin Price" src="https://s3.cointelegraph.com/uploads/2024-11/019359b3-2fb3-7574-8bea-6c64f186be1a" title="">
 <figcaption style="text-align: center;">
 Bitcoin year-to-date price. Source: TradingView
 </figcaption>
</figure>
Related: <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/btc-price-odds-85-chance-100k-bitcoin-new-year" rel="noopener noreferrer nofollow" target="null" text="null" title="null">Bitcoin 'wild' odds see 85% chance of BTC price above $100K by New Year</a>
<h2 id="is-a-bitcoin-supply-shock-coming">Is a Bitcoin supply shock coming?</h2>
The TYMIO founder also predicted that the decreased block subsidy from the April 2024 halving, future halving events, and lost keys would trigger a supply shock and keep BTC volatility high:
<blockquote>
 "Bitcoin becomes scarcer because fewer coins are mined each year, plus many are lost over time due to forgotten passwords and misplaced wallets. This sets up the potential for a supply crisis, in which demand significantly outstrips actual availability. In these circumstances the price could rapidly accelerate — pushing volatility to new, higher levels."
</blockquote>
In June 2024, Bitcoin exchange reserves — a metric tracking the total number of Bitcoin available on exchanges —<a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitcoin-exchange-reserve-metric-hits-3-year-low" rel="noopener noreferrer nofollow" target="null" text="null" title="null"> dropped to a three-year low</a>. Bitcoin exchange reserves continued to decline and <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitcoin-exchange-reserves-low-price-retest-60k-bullish-analysts" rel="noopener noreferrer nofollow" target="null" text="null" title="null">reached another low in August 2024</a>.
<figure><img alt="Bitcoin Price" src="https://s3.cointelegraph.com/uploads/2024-11/019359b3-ecac-7c3f-b9a3-71f830e8c76f" title="">
 <figcaption style="text-align: center;">
 Bitcoin exchange reserve metric. Source: CryptoQuant
 </figcaption>
</figure>
Increased demand due to the recent US Presidential election and macroeconomic factors further strained the already low Bitcoin supply in November 2024.
Onramp Bitcoin co-founder Jesse Myers recently said that these factors weren't the only things driving Bitcoin's price toward the $100K level and pointed to the decreased block subsidy as a <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/post-halving-supply-shock-drive-bitcoin-prices-higher" rel="noopener noreferrer nofollow" target="null" text="null" title="null">catalyst for a Bitcoin supply shock</a>.
Magazine: <a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/bitcoins-100k-taxman-btc-commodity-china-vitalik-moo-deng-asia-express/" rel="noopener noreferrer nofollow" target="null" text="null" title="null">Bitcoin’s $100K push wakes taxman, Vitalik visits real Moo Deng: Asia Express</a>

Bitcoin may reach $180K by the end of 2025 — TYMIO founder

Table of Contents

Cointelegraph

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