Bitcoin News: Bitcoin Could Reach $180K by End of 2025, Predicts TYMIO Founder

November 24, 2024 — Georgii Verbitskii, founder of the decentralized finance platform TYMIO, has predicted that Bitcoin (BTC) could soar to $180,000 by the end of 2025, driven by increasing demand and diminishing supply. In a statement to Cointelegraph, Verbitskii projected BTC would hit $100,000–$120,000 by early 2025, potentially doubling during the ongoing bull cycle.Verbitskii’s Outlook: Bullish Long-Term TrajectoryVerbitskii highlighted a gradual climb for Bitcoin as more traders enter the market. He 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."However, he urged traders to manage risk prudently by diversifying, using limit orders, and incorporating options to protect against sudden market downturns.Bitcoin Supply Shock on the Horizon?Verbitskii also pointed to the potential for a supply crisis due to Bitcoin’s declining block subsidies, upcoming halving events, and 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 scarcity could amplify price volatility and accelerate BTC’s trajectory toward new highs.Exchange Reserves Hit Record LowsCryptoQuant data reveals Bitcoin exchange reserves, a measure of available BTC on trading platforms, have dropped to a cycle low of approximately 2.5 million coins. Reserves hit a three-year low in June 2024 and declined further by August. November’s surge in demand, driven by President-elect Trump’s pro-crypto stance and macroeconomic factors, has added strain to this limited supply.Jesse Myers, co-founder of Onramp Bitcoin (BTC), echoed this sentiment, citing the reduced block subsidy as another key driver of the anticipated supply shock.As Bitcoin (BTC) edges closer to $100,000, industry leaders remain optimistic about its long-term potential, with factors such as scarcity and increasing institutional interest contributing to the bullish outlook, according to Cointelegraph.Read More:BTC 'Wild' Odds Signal 85% Chance of Crossing $100K by Year-EndMicroStrategy's Bitcoin Holdings Surge by $5.4 Billion in Two WeeksDollar Extends Gains as Bitcoin Nears $100,000