Bitcoin will exceed its $ 109,000 earlier than expected despite recent volatile American macroeconomic conditions, according to a crypto analyst.
“The market can underestimate the speed with which Bitcoin could increase – potentially reaching new heights of all time before Q2,” said Cointelegraph, Real Vision chief analyst in Cointegraph.
He said that these forecasts are or no more clarity on the prices of US President Donald Trump and potential recession problems.
Trump prices blamed for the recent downcoin tendency
Bitcoin (BTC) fell below $ 100,000 on February 2, many market players accusing the slowdown in prices and Trump’s newly imposed uncertainty on American interest rates.
Couts has based its pink rebound prediction on the softening of financial conditions, a weakened US dollar and the Popular Banque of China, which has increased liquidity since the beginning of 2025.
“Financial conditions have collapsed dramatically this month, highlighted by the third three-day drop in the US dollar since 2015 and significant drops in rates and volatility of the bonds of the Treasury,” he said.
“Liquidity remains essential to invest in all asset classes,” he added.
Bitcoin is down 3.16% in the last 30 days. Source: Coinmarketcap
At the time of publication, Bitcoin is negotiated at $ 85,880, down 3.16% in last month, according to CoinmarketCap data.
COUTTS referred to his article of March 7 of March 7, where he said that on the basis of recent movements of the US dollar index (DXY) through a “historic lens”, it is difficult to be “anything but bullish” about Bitcoin.
Based on the historic performance of the DXY, COUTTS said that on June 1, the 90 -day Bitcoin forecasts ranging from the worst of $ 102,000 to a leading scenario of $ 123,000.
Source: Jamie cost
The higher objective would be a gain of 13% compared to its current $ 109,000 summit, which it reached on January 20.
Blackrock’s digital active ingredient, Robbie Mitchnick, recently said that Bitcoin will most likely prospere in a macro recession environment.
“I do not know if we will have a recession or not, but a recession would be a big catalyst for Bitcoin,” said Mitchnick in an interview on March 19 with Yahoo Finance.
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He comes at the same time that Bitcoin continues to live his “less bullish conditions” since January 2023, according to Cryp October.
The cryptocurrency bull score is at 20, its lowest since January 2023, signaling a low Bitcoin market with low chances of rally soon.
On the basis of historical performance, if the score remains less than 40 for an extended period, it could report continuous decay market conditions, similar to the previous phases of the bear market.
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This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.
