Can Bitcoin (BTC) Reach $300K? CME’s Latest Signal Sparks Speculation

Jakarta, Pintu News – According to recent data from the Chicago Mercantile Exchange (CME), Bitcoin BTC->Current BTC PriceRp 0Market Cap-Trading Volume-Circulating Supply- may experience a supply shock that could push its price to a new record. This article will examine the possibility of Bitcoin (BTC) reaching the $300,000 mark in the near future.

CME Data Analysis and Impact

CME’s 90-day Open Interest Delta currently stands at -$10 billion, indicating a decline in open interest over the past three months. This decline could signal that institutional investors are reducing their short positions or closing their contracts. This could trigger a supply shock in the Bitcoin (BTC) market, where decreased availability is met with steady or increased demand.

This has the potential to push the price of Bitcoin (BTC) up significantly. In this context, a supply shock means that the amount of Bitcoin (BTC) available for trading becomes less. Investors and traders would probably compete for the scarcer assets, which in turn could push the price up.

Also Read: Bitcoin (BTC) Hasn’t Responded to Wall Street’s Demands, BlackRock Executive Warns

Price Predictions from Analysts

Several market analysts have expressed their optimism towards the future of Bitcoin (BTC). According to Investor’s Business Daily, H.C. Wainwright & Co. has increased its price target for Bitcoin (BTC) at the end of 2025 to $225,000 from its previous estimate of $145,000.

This prediction is based on historical price cycles, expected favorable regulatory changes, spot Bitcoin (BTC) ETF approval in the US, as well as increased institutional adoption. Additionally, legendary trader Josh Mandell, as reported by Forbes, was even bolder with his prediction, stating that Bitcoin (BTC) could peak at $444,000.

Market Dynamics and Institutional Movements

According to the Financial Times, institutional players continue to influence Bitcoin (BTC) market dynamics. MicroStrategy, under the leadership of Michael Saylor, has established itself as a major Bitcoin (BTC) investment vehicle, holding nearly 500,000 BTC acquired at an average price of $66,000.

The company recently announced a $21 billion offer to buy more Bitcoin (BTC), potentially increasing its holdings by around 262,500 BTC. This move shows MicroStrategy’s strong belief in the long-term value of Bitcoin (BTC) and could trigger other institutional investors to follow suit.

Conclusion: Prospects and Cautions

Although the prospect of Bitcoin (BTC) reaching $300,000 is still speculative, current market indicators, institutional activity, and historical price patterns point to a bullish outlook. However, investors are advised to remain vigilant given the inherent volatility of the cryptocurrency market and the various factors that can affect price movements.

Also Read: This is Arhur Hayes’ BTC Price Prediction Based on April 2025 Fed Rate!

That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.

Follow us on Google News to get the latest information about crypto and blockchain technology. Enjoy an easy and secure crypto trading experience by downloading Pintu Crypto via Google Play Store or App Store now.

Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Click Register Pintu if you don’t have an account or click Login Pintu if you are already registered.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Crypto News Flash. CME Data Signals BTC Supply Shock: Can Bitcoin Reach $300k? Accessed on March 21, 2025
• Featured Image: Finbold