Georgii Verbitskii, founder of the decentralized finance platform TYMIO, has forecasted that Bitcoin (BTC) may reach $180,000 by the end of 2025. This bullish prediction highlights the potential for significant price gains as supply shocks and increased demand influence the market.
The Path to $180K
Verbitskii envisions Bitcoin reaching $100,000 to $120,000 by late 2024 or early 2025, with a climb to $180,000 occurring by the end of that year. He attributes this potential growth to Bitcoin’s cyclical bull run patterns and increasing scarcity due to its April 2024 halving.
“Bitcoin’s price can double in this bull run,” Verbitskii said. “The $180,000 target may be achieved closer to 2025’s end, as we progress deeper into the cycle.”
The Role of Supply Shocks
Bitcoin’s supply dynamics are a driving factor behind these predictions. The April 2024 halving will reduce mining rewards, intensifying supply shortages. Lost coins and forgotten wallets further exacerbate this scarcity. Exchange reserves, already at a three-year low, continue to decline, creating additional pressure on supply.
“When demand significantly outpaces supply, prices can rise rapidly, pushing volatility to higher levels,” Verbitskii added.
Macroeconomic Influence and Institutional Demand
Macroeconomic factors, including geopolitical uncertainty and inflation, have fueled interest in Bitcoin as a store of value. Institutional adoption is also expanding, with increased activity from hedge funds, asset managers, and corporate treasuries. These trends add to the bullish sentiment surrounding Bitcoin’s long-term price trajectory.
Mitigating Risks in a Volatile Market
Verbitskii advises investors to approach the market cautiously, highlighting the need for risk management strategies. He recommends diversifying portfolios, using limit orders, and considering options to mitigate potential losses from market corrections.