Bitcoin Could Potentially Reach $130,000 by 2025 if Support Holds Above $110,000
Main Idea
Bitcoin could potentially reach $130,000 by 2025 if it maintains support above $110,000, driven by ETF inflows, a supply squeeze, and strong institutional demand.
Key Points
1. The MVRV Pricing Bands model indicates Bitcoin could surge to $130,000 if it holds above the +1.5σ level at $110,756.
2. ETF inflows have contributed to net market inflows of $82 billion over the past 30 days, creating a supply squeeze.
3. Bitcoin is trading above $117,000, with $119,500 identified as a key resistance level for a potential breakout.
4. Institutional demand and supply constraints are key factors supporting Bitcoin's bullish outlook.
5. Monitoring Bitcoin's price relative to the $110,000–$112,000 support zone and ETF inflows is crucial for predicting future movements.
Description
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