Bitcoin (BTC) Could Surge Over 155% to Hit Six Figures This Cycle, Says Real Vision's Jamie Coutts-web3.0-php.cn

Home

web3.0

Bitcoin (BTC) Could Surge Over 155% to Hit Six Figures This Cycle, Says Real Vision's Jamie Coutts

Barbara Streisand

Oct 26, 2024 pm 06:28 PM

bitcoin Price Prediction000 Analyst Jamie Coutts $170

Real Vision’s chief crypto analyst Jamie Coutts is saying that Bitcoin (BTC) could witness an over 155% surge from current levels during this market cycle.

Bitcoin (BTC) Could Surge Over 155% to Hit Six Figures This Cycle, Says Real Vision's Jamie Coutts

Crypto analyst Jamie Coutts is predicting that Bitcoin (BTC) could witness an over 155% surge from current levels during this market cycle.

In an appearance on Raoul Pal’s The Journey Man YouTube channel, Coutts says that Bitcoin could explode to six-figure territory as the global money supply increases.

“My base case is if we just look at global M2 (money supply) and back it out to August, which was where the Bitcoin cycle peaks, that infers a price of about $100,000 on Bitcoin. I’m placing [it] as a potential outcome but a very low probability outcome. My proportionality forecast is $170,000.”

The crypto analyst further says there are “more optimistic scenarios” where Bitcoin could skyrocket to up to $234,000 and even higher.

“The question is what probability do you assign to each of those potential outcomes to come up with some sort of grounded probability-weighted projection. And so as I mentioned, global M2 regression line of $100,000 is sort of like my base case or worst case. And then all I’ve done is I’ve looked at these other potential outcomes and assigned a probability.

I don’t think Bitcoin is going to go parabolic to $500,000 this cycle. I see $500,000 in the future, not this cycle. So it’s a very low probability. And the outcome is just this probability-weighted market forecast of 189,000 for Bitcoin by August of next year, which will give it a market cap of around $3.75 trillion.”

According to Coutts, Bitcoin has a 15% probability of hitting $100,000 by around mid-August of 2025. Over the same period, Bitcoin has a 60% chance of reaching $170,335, a 20% chance of skyrocketing to $234,000 and a 5% chance of hitting $500,000.

Bitcoin is trading at $66,633 at time of writing.

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

Generated Image: Midjourney

The above is the detailed content of Bitcoin (BTC) Could Surge Over 155% to Hit Six Figures This Cycle, Says Real Vision's Jamie Coutts. For more information, please follow other related articles on the PHP Chinese website!

Statement

The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Ouyi Ouyi Ouyi Ouix Ouyi Global Station Login Home PageApr 21, 2025 pm 11:57 PM

Ouyi OKX is the world's leading digital asset trading platform. 1) Its development history includes: it will be launched in 2017, the Chinese name "Ouyi" will be launched in 2021, and it will be renamed Ouyi OKX in 2022. 2) Core services include: trading services (coin, leverage, contracts, DEX, fiat currency trading) and financial services (Yubibao, DeFi mining, lending). 3) The platform's special functions include: market data services and risk control system. 4) Core advantages include: technical strength, security system, service support and market coverage.

Recommend several apps to buy mainstream coins in 2025 latest releaseApr 21, 2025 pm 11:54 PM

APP software that can purchase mainstream coins includes: 1. Binance, the world's leading, large transaction volume and fast speed; 2. OKX, innovative products, low fees, high security; 3. Gate.io, a variety of assets and trading options, focusing on security; 4. Huobi (HTX), low fees, good user experience; 5. Coinbase, suitable for novices, high security; 6. Kraken, safe and compliant, providing a variety of services; 7. KuCoin, low fees, suitable for professional traders; 8. Gemini, emphasizes compliance, and provides custodial services; 9. Crypto.com, providing a variety of offers and services; 10. Bitstamp, an old exchange, strong liquidity,

What is a quantum chain? What are the quantum chain transactions?Apr 21, 2025 pm 11:51 PM

Quantum Chain (Qtum) is an open source decentralized smart contract platform and value transmission protocol. 1. Technical features: BIP-compatible POS smart contract platform, combining the advantages of Bitcoin and Ethereum, introduces off-chain factors and enhances the flexibility of consensus mechanisms. 2. Design principle: realize on-chain and off-chain data interaction through main control contracts, be compatible with different blockchain technologies, flexible consensus mechanisms, and consider industry compliance. 3. Team and Development: An international team led by Shuai Chu, 80% of the quantum coins are used in the community, and 20% rewards the team and investors. Quantum chains are traded on Binance, Gate.io, OKX, Bithumb and Matcha exchanges.

Quantum Chain Exchange Ranking Top 10 Recommended (Updated in 2025)Apr 21, 2025 pm 11:48 PM

Quantum chains can be traded on the following exchanges: 1. Binance: One of the world's largest exchanges, with large trading volume, rich currency and high security. 2. Sesame Open Door (Gate.io): a large exchange, providing a variety of digital currency transactions, with good trading depth. 3. Ouyi (OKX): operated by OK Group, with strong comprehensive strength, large transaction volume, and complete safety measures. 4. Bitget: Fast development, provides quantum chain transactions, and improves security. 5. Bithumb: operated in Japan, supports transactions of multiple mainstream virtual currencies, and is safe and reliable. 6. Matcha Exchange: a well-known exchange with a friendly interface and supports quantum chain trading. 7. Huobi: a large exchange that provides quantum chain trading,

What are the quantum chain trading platforms?Apr 21, 2025 pm 11:45 PM

Platforms that support Qtum trading are: 1. Binance, 2. OKX Ouyi, 3. Huobi, 4. Gate.io Sesame Open Door, 5. Siren, 6. Coinku, 7. Bit stamp, 8. Coinku, 9. Bybit, 10. Gemini, these platforms have their own characteristics and advantages.

How to trade quantum chainsApr 21, 2025 pm 11:42 PM

The quantum chain (Qtum) transaction process includes three stages: preliminary preparation, purchase and sale. 1. Preparation: Select a compliant exchange, register an account, perform identity verification, and set up a wallet. 2. Purchase quantum chains: recharge funds, find trading pairs, place orders (market orders or limit orders), and confirm transactions. 3. Sell quantum chains: Enter the trading page, select the trading pair and order type (market order or limit order), confirm the transaction and withdraw cash.

What does cross-chain transaction mean? What are the cross-chain transactions?Apr 21, 2025 pm 11:39 PM

Exchanges that support cross-chain transactions: 1. Binance, 2. Uniswap, 3. SushiSwap, 4. Curve Finance, 5. Thorchain, 6. 1inch Exchange, 7. DLN Trade, these platforms support multi-chain asset transactions through various technologies.

What are the hybrid blockchain trading platforms?Apr 21, 2025 pm 11:36 PM

Suggestions for choosing a cryptocurrency exchange: 1. For liquidity requirements, priority is Binance, Gate.io or OKX, because of its order depth and strong volatility resistance. 2. Compliance and security, Coinbase, Kraken and Gemini have strict regulatory endorsement. 3. Innovative functions, KuCoin's soft staking and Bybit's derivative design are suitable for advanced users.