Source: Binance News
📅 November 24, 2024 — Bitcoin (BTC) enthusiasts, brace yourselves! Georgii Verbitskii, founder of the decentralized finance platform TYMIO, has boldly predicted that Bitcoin could soar to $180,000 by the end of 2025. 💰✨ Speaking to Cointelegraph, Verbitskii forecasted BTC would reach $100K–$120K by early 2025, fueled by skyrocketing demand 📈 and shrinking supply 📉.
🐂 Bullish Momentum Ahead
Verbitskii is confident about Bitcoin's long-term growth trajectory:
💬 "Bitcoin's price can double during this bull run 🚀 and may hit the $180,000 threshold closer to late 2025," he shared.
🔒 But a word of caution — Verbitskii advised traders to manage risks smartly by diversifying their portfolios, using limit orders, and leveraging options to stay protected from sudden market dips. ⚠️📊
🔥 Supply Shock Incoming?
With Bitcoin’s halving events ⏳, declining block subsidies, and the phenomenon of lost coins 🧳, Verbitskii warns of a potential supply crunch:
🪙 "Bitcoin becomes scarcer as fewer coins are mined and many are lost. This imbalance of high demand vs. limited availability could spark a supply crisis!"
🚨 Scarcity like this might push prices even higher 📈 and contribute to heightened volatility, making BTC a hot topic in the financial world
📉 Exchange Reserves Plummet
CryptoQuant data highlights that BTC exchange reserves have dipped to a cycle low of 2.5 million coins 🔻, a sharp decline from their three-year low in June 2024. Adding fuel to the fire 🔥 is President-elect Trump’s pro-crypto stance and macroeconomic shifts 🌎, which have spiked demand further.
Jesse Myers, co-founder of Onramp Bitcoin, echoed these concerns:
📉 "The reduced block subsidy is amplifying the incoming supply shock, setting the stage for BTC's next explosive move."
🌟 The Road Ahead
With institutional investors showing greater interest 🏦 and Bitcoin edging closer to the $100K mark, experts remain optimistic about BTC's long-term growth. 💼 Verbitskii’s forecast reflects a bright future where scarcity meets massive demand — a perfect storm for Bitcoin's rise! 🌌
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