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Market is underestimating how quickly Bitcoin will hit new ATH: Analyst

cryptoweekly by cryptoweekly
March 28, 2025
in Altcoins, News
0

A crypto analyst says Bitcoin may reach $123,000 by June in a best-case scenario if it tracks the average return from his DXY backtest.

Bitcoin will break past its $109,000 all-time high sooner than expected despite recent volatile US macroeconomic conditions, according to a crypto analyst. 

“The market may be underestimating how quickly Bitcoin could surge – potentially hitting new all-time highs before Q2 is out,” Real Vision chief crypto analyst Jamie Coutts told Cointelegraph. 

He said this forecast stands regardless of whether or not there is more clarity on US President Donald Trump’s tariffs and potential recession concerns.

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Recent Posts
  • Trump on GENIUS stablecoin bill: ‘Get it to my desk, ASAP’
  • Czech gov’t resists 4th overthrow attempt amid $45M Bitcoin scandal
  • SOL price rally to $200 brewing, but 3 key catalysts must happen first
  • Pavel Durov warns France is experiencing societal collapse
  • Bitdeer to offer $330M convertible notes to expand operations
  • US DOJ files to seize $225M in crypto tied to pig butchering schemes
  • New York authorities freeze $300K linked to crypto scammers

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