Bitcoin’s Supply Crunch Fuels Price Surge to $200K by 2025

Bitwise CIO Matt Hougan predicts Bitcoin will reach $200,000 by the end of 2025 due to a supply shock driven by increasing institutional demand. Hougan’s prediction is based on his analysis of Bitcoin’s supply and demand dynamics. He highlights: ‘Miners are expected to produce 165,000 BTC this year, publicly traded companies have bought more than that amount already. ETFs are seeing $6 billion in inflows, and we expect governments to start buying,’ driving a structural shift in the market.