Bitcoin Could Hit All-Time High By Q2 End, Says Analyst
Real Vision's Chief Cryptocurrency Analyst, Jamie Coutts, has expressed a bullish outlook on Bitcoin, predicting that the cryptocurrency could reach an all-time high by the end of the second quarter. This forecast comes despite recent volatility in the US macroeconomic situation, including uncertainty surrounding tariff policies and potential economic recession concerns.
Coutts suggests that the market may be underestimating the speed of Bitcoin's rise. He believes that a new all-time high could be achieved before the end of the second quarter, regardless of the clarity on US President's tariff policies and potential economic recession concerns. This optimism is based on several factors, including loose financial conditions, the weakness of the US dollar, and increased liquidity injection by the People's Bank of China since early 2025.
Bitcoin's price fell below $100,000 on February 2nd, largely due to newly implemented tariffs and uncertainty in US interest rates. However, Coutts made an optimistic rebound forecast, citing significant easing of financial conditions this month. Notably, the US dollar posted its third-largest three-day drop since 2015, while interest rates and bond volatility have noticeably decreased. Liquidity remains at the core of investment across all asset classes, supporting the potential for Bitcoin's price recovery.
Coutts' prediction is also supported by Bitcoin's historical performance during post-halving cycles. In the past, Bitcoin has experienced significant price increases in the year following a halving event, as the reduced supply of new coins has led to increased demand. With the most recent halving event occurring in 2024, there is potential for a similar price surge in the coming months.
In addition to technical factors, Coutts points to the potential for institutional adoption as a driver of Bitcoin's price. As regulatory clarity improves and tariffs stabilize, institutional investors may increasingly turn to Bitcoin as a store of value. This could lead to a surge in demand for the cryptocurrency, driving its price higher.
However, Coutts also acknowledges that there are risks to this bullish scenario. Market volatility, macroeconomic pressures, and competition from other cryptocurrencies could all pose challenges to Bitcoin's price trajectory. Despite these risks, Coutts remains optimistic about Bitcoin's prospects, citing its historical performance and the potential for institutional adoption as key factors in its favor.
