#BTCPrediction Bitcoin Could Reach $80,000 in 2025, According to Bloomberg Analysts and On-Chain Data

May 6, 2025 – Binance Square

Bitcoin (BTC) continues to consolidate above $61,000, as experts begin to project ambitious targets for the second half of 2025. A recent report from Bloomberg Intelligence suggests that BTC could reach $80,000, driven by three main factors:

Keys Behind the Bullish Prediction:

Sustained Institutional Demand: Spot ETFs continue to attract record inflows.

Moderate Monetary Policy: The Federal Reserve is expected to cut rates starting in the fourth quarter.

Reduction in Selling Pressure Post-Halving: Daily supply has been reduced by 50%, strengthening the scarcity narrative.

On-Chain Data Reinforces the Narrative:

The supply of BTC in strong hands (holders for more than 6 months) is at all-time highs, while balances on exchanges have fallen by 20% in the last year, indicating accumulation.#BTC #ETFs