According to the latest data from Chicago Mercantile Exchange (CME), an offer shock for Bitcoin can be imminent, which triggers speculations about the course of the course and the possibility of never known ATHs. $ 300,000 and more are under discussion
After a recent CNF contribution about the CME Bitcoin Futures Report in 2024, a bonus of $ 1,600 showed a strong start for the year. In a recent tweet, Chiefy shared a list of 10 top alcohol coins with 200 times potential:
“The BTC correction comes to an end, and the next goal is $ 300,000. Set $ 200 in the right alts today, and it will turn $ 15,000 in the next month.”
Altseason kicks off in just 3 days
$BTC correction is coming to an end, and the next target is $300K.
Put $200 into the right alts today, and it will turn into $15,000 next month.
Here’s a list of 10 top alts with 200x potential
pic.twitter.com/xOPY4v4MaV
— Chiefy (@0xChiefy) March 19, 2025
The 90-day open interest Delta of the CME is currently at -10 billion $, which indicates a decline in the open interest in the past three months.
This decline could indicate that institutional investors reduce short positions or close contracts, which could lead to an offer shock. Such a scenario could drive up the Bitcoin price, since the lower availability meets a persistent or increasing demand.
According to Investor’s Business Daily, several market analysts are optimistic about Bitcoin’s future evaluation. HC Wainwright & Co. in particular increased its price for Bitcoin to $ 225,000 at the end of 2025, compared to a previous estimate of $ 145,000.
This forecast is based on historical price cycles, expected favorable regulatory changes, the approval of Bitcoin ETFs in the USA and the increasing acceptance by institutions.
Similarly, the legendary dealer Josh Mandell has made a bold prediction that says that Bitcoin could reach a maximum of $ 444,000, according to Forbes.
According to the Financial Times, institutional actors continue to influence Bitcoin’s market dynamics. Microstrategy, under the leadership of Michael Saylor, has positioned itself as an important Bitcoin investment vehicle and holds almost 500,000 BTC, which was purchased at an average price of $ 66,000.
The company recently announced an offer of over 21 billion dollars to buy further Bitcoin, which could increase its existence by around 262,500 BTC.
While the view that Bitcoin reaches $ 300,000 remains speculative, current market indicators, institutional activities and historical price patterns indicate a bullish view. In view of the inherent volatility of the cryptocurrency market and the multitude of factors that can influence price movements, investors should remain careful.
As predicted in an earlier CNF update, the Bitcoin (BTC) Prize could achieve a realistic ATH of $ 120,000 according to on-chain indicators. At the time of the creation of this article, Bitcoin is traded at around $ 86,110, which, according to coinmarketcap data, means an increase of 3.76 % in the last 24 hours and 2.86 % in the last week.
No Comments