“Although the price of bitcoin has increased significantly in September, it still remains far from ambitious goals set by some analysts. Indeed, several observers, such as Standard Charter Bank and BitWise, predict that BTC can reach $ 200,000 by the end of 2025. This hypothesis is also confirmed by the analytical company Cryptoquant, which deals with the analysis of ON-chain systems. The key points of this article: […]”, – WRITE: Businessua.com.ua
Although the price of bitcoin has increased significantly in September, it still remains far from ambitious goals set by some analysts. Indeed, several observers, such as Standard Charter Bank and BitWise, predict that BTC can reach $ 200,000 by the end of 2025. This hypothesis is also confirmed by the analytical company Cryptoquant, which deals with the analysis of ON-chain systems.
The key points of this article:
- Bitcoin has grown in September but remains lower than the ambitious forecasts of some analysts that It is assumed that the price will reach $ 200,000 by the end of 2025.
- The Cryptoquant Analysis showed that the growing demand for bitcoin, especially from whales and ETF, can maintain this sharp rise in price.
According to recent analysis Cryptoquant by the end of the year the price of bitcoin can reach the range from 160,000 to $ 200,000 . This is provided that demand continues to rise at the current rate.
Indeed, a co -demand for BTC is growing since July, increasing every month to 62 000 BTC . Such a steady demand preceded the scourge rallies in the fourth quarter 2020 , 2021 and 2024 .
Demand for bitcoin in the early fourth quarter – source: Cryptoquant / The Block
Whales and ETF continue to accumulate BTC Whales and ETF (Exchange investment funds) also show high demand for bitcoin. Whale’s shares are growing on 331 000 BTC per year, exceeding 255 000 BTC in the fourth quarter of 2024.
Meanwhile, the ETF that is rolled on the American Exchange purchased 213 000 BTC In the fourth quarter of 2024, which 71% more than in the previous quarter. In this quarter, they can see similar growth.
According to the words Julio Moreno Cryptoquant research leader, these figures indicate a significant Institutional demand which can continue to maintain the price of bitcoin.
If the demand continues to rise at such a rate, Bitcoin may well reach new maxima by the end of the year. It remains to see if the market will confirm these optimistic forecasts.
Source: Journalducoin.com
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