Real Vision's Jamie Coutts Sees Late Bear Market Stages for Bitcoin
Vexoda Newsroom
Real Vision’s chief crypto analyst, Jamie Coutts, predicts that the current bear market for Bitcoin may be nearing its end but advises caution on price forecasts. He discusses technical indicators and
Real Vision's chief crypto analyst, Jamie Coutts, has indicated that Bitcoin might be entering a late stage of its ongoing bear market. According to Coutts, the downward momentum is slowing down, suggesting that the worst may be over for now. However, he warns against declaring an end to the bear phase too soon.
Coutts noted that Bitcoin's current price around $64,200 represents a typical bear market scenario, roughly 50% below its peak of $126,100 in October 2025. He highlighted that while volatility has decreased by about half compared to previous cycles, historical patterns are not always reliable.
Despite the cautious outlook on reaching $1 million by 2030 from figures like Coinbase CEO Brian Armstrong and ARK Invest’s Cathie Wood, Coutts believes Bitcoin could reach between $200,000 to $250,000 over the next two to three years. He attributes recent market downturns partly to weakening on-chain demand.
The analyst also underscored potential long-term risks posed by quantum computing, emphasizing that significant action is needed by 2027 for Bitcoin’s network security. Coutts highlighted that dismissing concerns about this threat could put developers and the community on the wrong side of future technological advancements.
Market sentiment remains mixed as traders are still seeing parallels with the 2022 bear market despite recent gains, reflecting ongoing uncertainty. Analysts like Jamie Coutts provide crucial insights for traders navigating these complex times, ensuring a balanced view between optimism and caution.
Source: Cointelegraph. Summarized and rewritten by the Vexoda Newsroom. This is market news, not financial advice.