Analyst: Due to the continuous increase in money supply, BTC may be pushed up to $132,000 by the end of the year

ChainCatcher news, on April 2, the Trump administration announced the implementation of a comprehensive reciprocal tariff policy, hoping to reverse the $1.2 trillion goods trade deficit. This move caused the S&P 500 index to plummet 9.7% over two days, with a market value evaporation of $5.4 trillion, marking the largest drop in history, surpassing the $3.3 trillion record during the pandemic crash in March 2020. The Nasdaq 100 index's tech stocks were severely hit, with a single-day drop reaching the highest since 2022. Bitcoin's decline during the same period was only 3.7%, maintaining the critical support level of $82,000.

Analysts are confident about Bitcoin's upside potential for the remainder of 2025. Real Vision's chief crypto analyst Jamie Coutts stated that the continuously growing money supply could push Bitcoin's price above $132,000 by the end of 2025.