BTC is expected to reach an important price milestone in 2025. This is supported by optimistic predictions from Matrixport, Willy Woo, and other institutions.
Supported by ETFs and a positive market sentiment, Bitcoin is both a speculative asset and a promising long-term investment option. However, when the profitable supply exceeds 90%, the market should be cautious of potential adjustments.
Multiple Positive On-Chain Indicators
The Bitcoin market is showing positive signals as the supply on centralized exchanges (CEX) has dropped to a seven-year low. According to Cryptoquant's data, the Bitcoin remaining on exchanges is approximately 2.492 million BTC. This is a sharp decrease from the 2.488 million BTC recorded last Friday.
Additionally, Cryptoquant reports that the profitable supply ratio of Bitcoin has exceeded 85%. This is historically high. However, they warn that if this ratio surpasses 90%, the market may enter a "historical euphoria" stage and experience an adjustment. This suggests that while current indicators are favorable, caution is needed to manage potential volatility.
According to Coinglass data over the past seven days, approximately 56,164.88 BTC was withdrawn from CEX platforms. This indicates that investors are accumulating and reducing selling pressure, which is often considered a bullish signal. The decrease in supply on exchanges reduces selling pressure and paves the way for price increases.
Moreover, new capital inflows into the market are increasing. According to a Coinshares report, $3.2 billion was injected into Bitcoin funds in the last week of April 2025. These factors are strengthening confidence that Bitcoin may soon reach an important price target.
Experts Maintain Optimistic BTC Outlook
Amid an overall optimistic market outlook, many experts and institutions have expressed positive views on BTC's price. Matrixport, a reliable cryptocurrency service platform, argues that Bitcoin's upward momentum is strengthening.
According to Matrixport's latest analysis, Bitcoin is approaching the $106,000 resistance level and is likely to break through this mark soon. Previously, Matrixport predicted that new capital inflows would push Bitcoin beyond $100,000.
This analysis is further supported by subtle but significant whale accumulation, extreme greed psychology, and high optimism. This has brought BTC closer to $100,000.
Willy Woo, a famous cryptocurrency industry analyst, also shared an optimistic view on X. He believes Bitcoin's fundamentals have shifted to a bullish state and that the market is likely to consolidate or slowly rise.
"BTC's fundamentals have turned bullish. Not a bad setup to break all-time highs," he said.
Woo emphasized that the "bullish ascending triangle" pattern he previously mentioned is forming, and if Bitcoin breaks through resistance levels, a strong upward movement could occur.
Additionally, a Coinness report indicates that 45.4% of Korean investors believe Bitcoin will outperform gold in the next six months. This reflects strong confidence in major Asian markets.
Furthermore, according to BeInCrypto, ARK Invest predicts Bitcoin's price could reach $2.4 million by 2030. This is driven by the growth of Bitcoin ETFs and increasing financial institution adoption. These long-term predictions further reinforce Bitcoin's growth prospects well beyond $100,000.
