Analysts from Bitfinex project that Bitcoin’s price could surge to $115,000 or surpass that mark by early July, driven primarily by increasing institutional interest and notable inflows from exchange-traded funds (ETFs).
Key Insights:
Bitfinex analysts anticipate that Bitcoin might reach $115,000 or more by early July.
The rally could be fueled by strong institutional demand, ETF inflows, and macroeconomic factors such as expectations surrounding interest rate cuts.
The U.S. jobs report is expected to have a short-term impact on Bitcoin’s price, with a specific focus on the $95K–$97K range as a critical area for accumulation.
In a recent market analysis shared with Finance Newso.com, Bitfinex experts highlighted the upcoming U.S. jobs report as a potential trigger in a broader macroeconomic landscape that could heighten expectations for the Federal Reserve to cut interest rates.
While the labor statistics alone may not dramatically affect Bitcoin’s price, they could serve as part of a series of macroeconomic indicators, such as signs of disinflation and a weakening dollar, that would support an earlier Fed pivot—potentially benefiting risk assets including Bitcoin.
Bitcoin Price Target: $115,000 in Optimistic Scenario
The analysts noted that there’s a strong possibility Bitcoin could reach $115,000 by early July.
“In an optimistic outlook driven by robust institutional engagement and ETF inflows, Bitcoin could reach $115,000 or more by early July 2025,” the analysts stated.
“Despite recent pullbacks raising some concerns, investor sentiment remains positive. On the downside, we view the $95,000–$97,000 zone as significant for accumulation.”
The U.S. May Jobs Report, set to be released this Friday, is anticipated to reflect 125,000 to 130,000 new nonfarm payrolls, a decline from April’s total of 177,000.
The unemployment rate is expected to remain at 4.2%, while average hourly earnings are projected to rise by 0.2% to 0.3% month-over-month.
A weaker-than-expected report could enhance the disinflation narrative and bring the Fed closer to rate cuts—a favorable scenario for Bitcoin.
Conversely, a strong report could postpone the Fed’s rate cuts and bolster the dollar, potentially exerting downward pressure on Bitcoin.
At present, Bitcoin is trading around $105,000. Bitfinex analysts suggest that maintaining support above this threshold could pave the way for a test of the $120,000–$125,000 range in June; however, they caution that this movement will not be driven by any single event.
If the labor data surprises positively, Bitcoin could revisit support levels around $102,000 or lower, according to the analysts.
Although the jobs report is likely to influence short-term market dynamics, it remains just one factor among many that are shaping Bitcoin’s future trajectory.
Bitcoin Set for Breakout as Supply Dwindles by 30%
A significant reduction in available Bitcoin supply has created conditions ripe for price increases as institutional demand continues to rise, according to Sygnum Bank’s latest Monthly Investment Outlook for June 2025.
Over the past 18 months, liquid Bitcoin supply has decreased by 30%, fueled by increasing institutional adoption and the expansion of acquisition vehicles like ETFs, the report highlighted.
In total, one million Bitcoin have been withdrawn from exchanges during this timeframe—an action that typically signals bullish market conditions, as these coins are often held for the long term.
“The rapid contraction of Bitcoin’s liquid supply is cultivating an environment for demand shocks and heightened volatility,” Sygnum noted.
The report indicates that strategic market dynamics could keep the cryptocurrency on a strong upward trajectory in the coming months.
