Bitcoin's price has surpassed $114,000, maintaining strong stability as institutional investor demand and ETF inflows reach unprecedented levels. With growing enthusiasm in the cryptocurrency market, one question arises:

Will Bitcoin's price exceed $125
thousand dollars during this bull cycle?

Let’s take a look at the key indicators pointing to the next big move that Bitcoin will take.

Bitcoin ETF inflows and institutional demand

The approval of several spot Bitcoin exchange-traded funds in the United States has led to historic inflows of institutional capital into Bitcoin. As BlackRock, Fidelity, and other giant asset firms accumulate thousands of Bitcoins weekly, the increasing demand reduces the available supply and increases price pressure.

Momentum of the halving cycle

The fourth halving of Bitcoin in April 2024 reduced miners' rewards from 6.25 to 3.125 Bitcoins, which decreased the new supply. Historically, the largest Bitcoin bull runs occur 12-18 months after a halving. The 2025 cycle reflects the 2021 pattern, with huge growth potential driven by reduced supply and increased demand.

Exchange supply at multi-year lows

On-chain data shows that the amount of Bitcoin on centralized exchanges is the lowest since 2017. This indicates a strong conviction among holders and reduced selling pressure—bullish signs that often precede major price spikes.

Increasing number of whales

Large wallets (holding more than 1,000 Bitcoins) are adding to their positions. Whale buying during consolidation phases often indicates a strong belief that further upside is possible, and this behavior has historically preceded major bullish breakouts.

Weakness of the US Dollar Index (DXY)

A declining US Dollar Index (DXY) indicates a waning confidence in fiat currencies, driving investors towards alternative value stores like Bitcoin. With growing macroeconomic uncertainty and inflation concerns, Bitcoin is increasingly seen as digital gold.

Global adoption and sovereign interest

Countries like El Salvador and the Central African Republic, along with discussions in Latin America and Asia, highlight the growing interest in Bitcoin as a reserve asset. Globally, there is an increasing promotion of Bitcoin as a hedge against the devaluation of fiat currencies.

Market sentiment and fear of missing out

Retail investors are returning to the market, and sentiment indicators, such as the fear and greed index, are leaning towards greed, but not yet at extreme levels. This suggests there is still room for upside before reaching euphoria peak.

Technical analysis: $125,000 key resistance level

Many traders see the $125,000 level as a psychological and technical resistance. Breaking this level could lead to a new bullish breakout towards $150,000 and $180,000. The current price stability of Bitcoin between $110,000 and $120,000 could be a launching point.

Increasing supply from long-term holders


Over 70% of Bitcoin supply is now held by long-term investors. This 'hodling' behavior reduces circulating supply and forms a price floor, increasing the likelihood of continued upward movement.

Favorable winds for cryptocurrencies in 2025

Rate cuts, fluctuations in the global economy, and renewed focus on alternative assets provide a strong boost for Bitcoin in the macroeconomic landscape. With technology stocks and gold also rising, Bitcoin is seen as a natural part of diversified investment portfolios.

Final thoughts

Will Bitcoin exceed $125,000 in this cycle? Based on current data, momentum, and global trends, this is not only likely but may be inevitable. The real question may not be 'if', but 'when', and 'how high could it go afterward?'

As always: stay informed, don’t chase green candles, and consider your risk tolerance.

Reference links:

https://coindcx.com/blog/price-predictions/bitcoin-price-weekly/