Bitcoin (BTC) is preparing for significant growth in 2025, driven by optimistic forecasts from Matrixport, Willy Woo, and other experts.
Bitcoin remains an attractive asset for long-term investments. However, if the share of profitable BTC supply exceeds 90%, it is wise to be prepared for possible corrections.
Positive on-chain metrics
The bitcoin market is showing encouraging trends: the supply on centralized exchanges (CEX) has reached a 7-year low. According to CryptoQuant, there are about 2.492 million BTC left on the exchanges, slightly more compared to 2.488 million BTC last week.
Bitcoin reserves on exchanges. Source: CryptoQuant
Additionally, CryptoQuant reports that the percentage of profitable bitcoin supply has exceeded 85%, which is historically high. However, if this figure exceeds 90%, the market may enter a phase of 'historical euphoria' and face a correction.
Over the past week, Coinglass data showed a withdrawal of about 56,165 BTC from centralized exchanges. This indicates that investors are accumulating assets, reducing selling pressure. Such behavior is often viewed as a signal for growth. The decrease in supply on exchanges alleviates selling pressure, which may contribute to price increases.
The balance of bitcoins on exchange wallets. Source: Coinglass
There is also an influx of new capital into the market. According to CoinShares, in the last week of April 2025, $3.2 billion flowed into bitcoin funds. These factors enhance confidence that bitcoin may soon reach new heights.
Optimistic forecasts from experts
Many experts and organizations have expressed an optimistic view on bitcoin's prospects. Matrixport, a well-known crypto service platform, claims that the upward trend of bitcoin is strengthening. In the latest analysis, Matrixport analysts noted that bitcoin is approaching the resistance level of $106,000, and there is a high likelihood that it will soon surpass this mark. Earlier, Matrixport predicted that new capital inflows would push bitcoin above $100,000.
Willy Woo, a well-known analyst in the crypto industry, also shared an optimistic view on social media X (formerly 'Twitter'). He believes that the fundamental indicators of bitcoin have turned bullish, and the market is likely to move sideways or grow slowly in the near future.
«The fundamental indicators of BTC have turned bullish, a good setup for overcoming historical highs,» he said.
Woo noted that a 'bullish ascending triangle' is forming on the cryptocurrency chart, signaling a possible strong upward move if bitcoin breaks through the resistance level.
Furthermore, a Coinness report indicates that 45.4% of South Korean investors believe that bitcoin will outperform gold in the next six months. This reflects the confidence of a key Asian market.