Bitcoin Could Surpass $180K by 2025, Predicts TYMIO Founder

Bitcoin Price Predictions: Is $180,000 Realistic by 2025?

On November 24, 2024, Georgii Verbitskii, the founder of the decentralized finance platform TYMIO, made waves in the cryptocurrency community with a bold prediction: Bitcoin (BTC) could skyrocket to $180,000 by the end of 2025. This forecast is underpinned by the increasing demand coupled with diminishing supply, key factors that typically influence cryptocurrency valuations.

Verbitskii’s Bullish Long-Term Outlook

In an interview with Cointelegraph, Verbitskii expressed a robust bullish sentiment regarding Bitcoin's price trajectory:

"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."

He emphasized the gradual climb that Bitcoin is likely to experience as more traders are drawn into the market. Despite his optimistic outlook, Verbitskii advised traders to exercise risk management strategies such as diversifying their portfolios, utilizing limit orders, and incorporating options to hedge against potential market downturns.

Potential Supply Crisis Looms

Further supporting his prediction, Verbitskii warned about an impending lead supply shock arising from several factors, including diminishing block subsidies, upcoming halving events, and a significant number of lost coins:

"Bitcoin becomes scarcer because fewer coins are mined each year, plus many are lost over time. This sets up the potential for a supply crisis, in which demand significantly outstrips availability."

This anticipated scarcity could lead to heightened price volatility, potentially accelerating BTC’s journey toward new all-time highs.

Exchange Reserves: A Cycle Low

According to data from CryptoQuant, Bitcoin exchange reserves have reached a cycle low of around 2.5 million coins. This figure is particularly alarming, noting that reserves plummeted to a three-year low in June 2024, with a continuous decline through August.

The increasing demand for Bitcoin in recent months, spurred by macroeconomic influences and a pro-crypto stance from President-elect Trump, has strained this limited supply even further.

Expert Opinions on Supply Dynamics

Echoing Verbitskii’s advice, Jesse Myers, co-founder of Onramp Bitcoin, further underscored the effects of the diminished block subsidy as a crucial component driving the expected supply shock. The interrelation between supply and demand will undoubtedly play a vital role in determining how Bitcoin's price unfolds in the near future.

Conclusion: A Cautious Optimism

While the journey towards the proposed $180,000 mark may seem ambitious, the underlying factors such as increasing adoption, reduced supply, and market sentiment position Bitcoin for potential growth. Traders and investors are encouraged to stay informed and employ strategies that mitigate risks in this highly volatile market.

What are your thoughts on Bitcoin's future? Do you believe it can hit $180,000 by 2025? Share your insights in the comments below!