Bitcoin's price could surge to $180,000 by the end of 2025 due to supply constraints and halving events, according to TYMIO founder Georgii Verbitskii. He highlights increasing demand and lost coins as catalysts for a significant bull run.
Bitcoin Could Reach $180K by End of 2025, Says TYMIO Founder
According to Georgii Verbitskii, creator of the TYMIO decentralized finance network, the price of Bitcoin might hit $180,000 by the end of 2025.
Before President-elect Trump takes office on January 20, 2025, Verbitskii said in an interview with Cointelegraph that the price of Bitcoin will range from $100,000 to $120,000 by the end of 2024 or the beginning of 2025. The creator of TYMIO went on to say that, with more traders getting involved, Bitcoin might reach $180,000 by the year 2025. For Cointelegraph, Verbitskii stated:
"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."
Risk Management Essential Amid Bitcoin's Potential Surge
If traders want to protect themselves from the catastrophic consequences of sudden market declines, Verbitskii warned them to diversify their holdings, use limit orders, and options.
The creator of TYMIO also foresaw that a supply shock will cause Bitcoin's volatility to remain high due to the lower block subsidy, future halving occurrences, and lost keys:
"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."
Bitcoin Exchange Reserves at Record Lows Amid Increased Demand
A measure that tracks the overall amount of Bitcoin available on exchanges, Bitcoin exchange reserves, hit a three-year low in June 2024. In August 2024, the reserves held by bitcoin exchanges hit a new low, continuing their downward spiral.
In November 2024, the already meager Bitcoin supply was even more squeezed by increased demand caused by macroeconomic issues and the recent US presidential election.
Jesse Myers, co-founder of Onramp Bitcoin, recently stated that these aren't the only reasons Bitcoin's price is heading toward $100,000 and that a Bitcoin supply shock could be caused by the lower block subsidy.