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Bitcoin: Unprecedented supply shock drives race towards $200,000
May 2025. The price of Bitcoin has surpassed $103,000, but this astonishing figure may just be a prelude. Behind the scenes, a structural imbalance is worsening: supply is melting away like snow in the sun, while institutional demand is skyrocketing. Some people are already talking about a point of no return. Others, like Bitwise or Strategy, are betting on a sharp price increase - up to $200,000 before the end of next year. Myth or an inevitable mechanism? What is certain is that the race is on, and the risks are enormous.