Key Predictions:
- Bitcoin could potentially reach $115,000 by early July 2025
- Institutional demand and ETF inflows as primary growth drivers
- Friday’s US jobs report as potential catalyst
- Current trading: around $105,000, support at $95K-$97K
- Liquid Bitcoin supply shrunk 30% over 18 months
🚀 Bullish Scenario: $115K by July
Bitfinex analysts see potential for Bitcoin to climb to $115,000 or higher by early July, with institutional demand and ETF inflows driving the rally.
In their latest market outlook shared with Cryptonews.com, Bitfinex analysts flagged this Friday’s upcoming U.S. jobs report as a potential catalyst in a broader macro environment.
“In a bullish scenario, driven by strong institutional interest and ETF inflows, Bitcoin could touch $115,000 or higher by early July 2025” — the analysts said.
📊 Technical Levels and Accumulation Zones
Current Trading Situation:
- Current price: around $105,000
- Key accumulation zone: $95,000–$97,000
- Potential testing range: $120,000–$125,000 in June
- Immediate support on decline: around $102,000
“Although the pullback has caused some concern, investors still feel optimistic. On the downside, we see $95,000–$97,000 as a key accumulation zone” — analysts noted.
🏛️ Macroeconomic Catalysts
U.S. Jobs Report (Friday):
- New jobs forecast: 125,000-130,000 (down from April’s 177,000)
- Unemployment rate: expected steady at 4.2%
- Hourly earnings: projected 0.2%-0.3% month-over-month growth
Market Impact:
- Weak report: Could reinforce disinflation narrative → push Fed closer to rate cuts → positive for Bitcoin
- Strong report: Could delay rate cuts → boost dollar → weigh on BTC
📉 Critical Supply Shortage
Sygnum Bank in its Monthly Investment Outlook for June 2025 noted a sharp drop in available Bitcoin supply:
Supply Statistics:
- Liquid Bitcoin supply fell 30% over the past 18 months
- 1 million BTC moved off exchanges during this period
- Driven by rising institutional adoption and increase in acquisition vehicles (ETFs)
“Bitcoin’s fast-shrinking liquid supply is creating the conditions for demand shocks and upside volatility” — Sygnum wrote.
🔮 Medium-term Outlook
Bitfinex analysts believe maintaining support above $105,000 could open the door to testing the $120,000–$125,000 range in June, although they caution that no single event will trigger this move alone.
Bottom Line: Bitfinex’s $115K Bitcoin target by July is supported by institutional demand, ETF flows, and a 30% supply reduction, with Friday’s jobs report potentially catalyzing Fed rate cut expectations that could favor risk assets like BTC in the near term.