Bitcoin News Today: Bitcoin's Quiet Power Play: How Idle Supply and ETFs Fuel a $160K Countdown

Bitcoin is setting its sights on a $160,000 price level by the end of the year, with analysts highlighting a combination of macroeconomic momentum and on-chain fundamentals as potential catalysts for such a move. The asset has recently seen a breakout above $117,000, which triggered a wave of liquidations and shifted sentiment in favor of further upside. With the U.S. Federal Reserve hinting at potential rate cuts in September, global risk-on sentiment is building, which could unlock sidelined liquidity and bolster bullish momentum.

Historical performance patterns also support the idea of a strong fourth-quarter rebound for Bitcoin. Network economist Timothy Peterson, drawing from multi-cycle comparisons, noted that Bitcoin has historically seen a 70% probability of rising in the four months leading up to Christmas. Based on an average gain of 44% during this period, the price could reach $160,000 by the end of 2025. Peterson added that 2018, 2020, 2022, and 2023 were atypical years and should be excluded from such analysis due to unique macroeconomic conditions. This recalibration strengthens the case for a positive yet less volatile trajectory in the current cycle.

On-chain activity also suggests that Bitcoin’s price trajectory could see a sharp upward push. Over 70% of Bitcoin supply remains idle, with whale activity indicating accumulation rather than distribution. Institutional demand, despite a slow summer, is picking up through ETF flows. The U.S. spot Bitcoin ETFs, for example, have recorded inflows totaling $219 million in a single week, suggesting growing institutional participation. These factors, combined with a tightening supply dynamic, reinforce the view that Bitcoin could see explosive gains in the coming months.

Meanwhile, traders and investors are not limiting their attention to Bitcoin alone. Alternative assets such as Remittix (RTX), a payments-driven token, are being positioned as parallel plays for outsized returns. RTX’s presale has raised $21 million, and its roadmap includes a beta wallet launch in Q3 2025, along with planned integrations for staking and fiat conversions. A detailed Certik audit has added credibility to the project, and the BitMart listing has provided liquidity. With a $250,000 giveaway driving adoption, RTX is gaining traction among investors seeking high-risk, high-reward opportunities.

This dual approach—holding Bitcoin for macro exposure while investing in altcoins for asymmetric upside—reflects a broader trend in the crypto market. Traders are increasingly seeking to diversify within the sector, balancing traditional value-storing assets with innovative, utility-driven tokens. This shift is driven by the growing maturity of the crypto ecosystem and the emergence of new use cases beyond speculation.

In related news, the U.S. has taken regulatory strides that could shape the global crypto landscape. The recent passage of the GENIUS Act, which provides a legal framework for the $288 billion stablecoin market, has prompted the European Union to reconsider its digital euro strategy. The EU is now exploring the use of public blockchains like Ethereum or Solana for its central bank digital currency (CBDC), a significant departure from its earlier preference for a private, centrally controlled system. This shift is a direct response to the growing dominance of dollar-backed stablecoins and the desire to maintain the euro’s relevance in the digital economy.

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[1] Why BTC Price Could Hit $160k By December: Remittix ... (https://coincentral.com/why-btc-price-could-hit-160k-by-december-remittix-could-20x-by-the-same-time-as-interest-rates-set-to-drop-in-september/)

[2] Bitcoin can still hit $160K by Christmas with 'average' Q4 ... (https://cointelegraph.com/news/bitcoin-can-still-hit-160k-by-christmas-average-q4-comeback)