Revealing the Bitcoin Bull Market: Half, ETF and Scarcity Battle

Bitcoin price surged to $112,000, thanks to the 2024 halving that reduced mining rewards to 3.125 BTC, as well as unprecedented institutional demand from companies such as BlackRock and Fidelity through U.S. spot bitcoin ETFs. This created an imbalance in supply and demand, driving Bitcoin to hit an all-time high of $124,290.93 in August 2025. Analysts predict that Bitcoin price will rise to $143,440.09 by the end of 2025, supported by the Fed rate cut, although market volatility could lead to a 15-25% correction. Enterprise adoption continues to grow, with Strategy Inc. holding 630,000 BTC, while mining operations are integrating around efficient companies like Marathon Digital. Long-term forecasts show that Bitcoin’s price will exceed $200,000 by 2027, driven by Bitcoin’s deflationary characteristics and inflation hedging capabilities.