Bitcoin Might Reach $150k by Q3 Due to Supply Shock

Bitcoin has crossed $85k and $90k within the last 48 hours and is expected to encounter a supply shock as soon as US Fed cuts rates.
Bitcoin has crossed $85k and $90k within the last 48 hours and is expected to encounter a supply shock as soon as US Fed cuts rates.
April 2025 has seen one of the lowest crypto market trading volumes in recent times crashing 74% from Dec 2024.
A prolonged tariff war is likely to isolate global trade, prompting countries to diversify their foreign exchange reserves and adopt Bitcoin.
Bitcoin shows bullish trends with strong corporate buying, indicating potential rise towards $106k after $76.3k bottom.
Solana's price is currently supported by short covering and whale accumulation, aiming for $175, while needing to realign with market preferences for sustained growth.
Mantra (OM) experienced a 90% drop due to issues in its tokenomics, where 52% of tokens were held by 10 accounts, prompting speculation of manipulation.
Strong chart patterns, higher open interest, upcoming FOMC meetings, and corporate buying have been pushing Bitcoin higher.
The US CPI for March came lower at 2.4% against expectations of 2.6%. Last month it was at 3.1%. The low inflation numbers is likely to assist in a US Federal Reserve rate cut.
FTX unlocked $21.5 million worth of Solana on 11 April 2025 and will likely sell the crypto.
Ethereum continues to lead the markets in all fundamental factors, be it on-chain TVL, stablecoins, fee revenue, or dApp statistics.
Ethereum ETFs lack staking benefits, which dissuades buyers. If they included staking rewards, interest would likely increase, pending SEC approval.
This week five companies together bought 7697.3 Bitcoins worth $670 million.