By the end of April 2025, the amount invested in Bitcoin ETFs surpassed $3.2 billion, further strengthening expectations that Bitcoin will exceed $100,000.
The supply of Bitcoin on centralized exchanges has fallen to its lowest level in the last seven years, reducing selling pressure and supporting bullish market momentum.
Matrixport and Willy Woo predict that with whale accumulation and overall market optimism, Bitcoin has the potential to exceed $106,000.
Bitcoin (BTC) is preparing to reach significant price milestones in 2025. With optimistic predictions from Matrixport, Willy Woo, and other analysts, Bitcoin is drawing attention with rising price expectations.
Positive On-Chain Indicators Remarkable signs are emerging in the Bitcoin market. The supply of Bitcoin on centralized exchanges (CEX) has decreased to its lowest level in the last seven years, indicating a positive trend. According to CryptoQuant data, only 2.492 million BTC remains on exchanges, down from 2.488 million BTC the previous Friday. Additionally, the ratio of Bitcoin supply that is in profit has surpassed 85%. This is a historically high level, suggesting that if it approaches 90%, market enthusiasm could peak. However, reaching this level may trigger corrective movements, so caution is advised.
In the last seven days, approximately 56,164.88 BTC has been withdrawn from centralized exchanges according to Coinglass data. This means that investors are accumulating, and selling pressure is easing; generally, this is an indicator of a bullish market. The decreasing supply on exchanges facilitates price increases and provides new capital inflows into the market. According to CoinShares' report, $3.2 billion was invested in Bitcoin funds in the last week of April 2025. These factors are increasing expectations that Bitcoin could reach significant price targets in the short term.
Optimistic Predictions for Bitcoin The overall optimistic atmosphere in the market is causing many experts and institutions to share positive views on the price of Bitcoin. Matrixport states that Bitcoin's upward momentum has strengthened and the likelihood of exceeding the $106,000 resistance level has increased. Previously, Matrixport had predicted that new capital inflows would push Bitcoin above the $100,000 level.
This prediction is supported by whales carefully accumulating, an atmosphere of excessive optimism, and high confidence. This brings Bitcoin even closer to $100,000.
Willy Woo, a renowned analyst in the crypto industry, also shared an optimistic perspective. Woo forecasts that the fundamentals of Bitcoin have returned to a bull market and that the market is likely to either move sideways or rise slowly in the upcoming period. Woo noted that the 'bullish ascending triangle' pattern he mentioned earlier has formed, and a strong upward movement could be possible if Bitcoin surpasses resistance levels.
According to a Coinness report, 45.4% of South Korean investors believe Bitcoin will surpass gold. This reflects strong confidence coming from the Asian market.
Additionally, according to a report by COINOTAG, ARK Invest predicts that the price of Bitcoin could reach $2.4 million by 2030. These long-term forecasts reinforce the belief that Bitcoin's potential extends far beyond and strengthens expectations for significant growth in the future. This reinforces the belief that Bitcoin carries a potential well beyond crossing the $100,000 threshold.
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