#BTC Bitcoin: An unprecedented supply shock drives the race towards $200,000

May 2025. Bitcoin is trading above $103,000, but this seemingly dizzying figure could just be a warm-up. Because behind the scenes, a structural imbalance is taking hold: supply is melting away like snow in the sun, while institutional demand is skyrocketing. Some are already talking about a point of no return. Others, like Bitwise or Strategy, are betting on a price explosion — up to $200,000 before the end of next year. Myth or inevitable mechanism? What is clear is that the race has begun and the challenges are colossal.$BNB