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Bitcoin could rise to $250,000 as selling pressure eases, analyst says
Real Vision’s Jamie Coutts said BTC is still in bearish trend conditions, but volatility has fallen about 50% versus the prior cycle and momentum on longer time frames is weakening.
Real Vision chief crypto analyst Jamie Coutts said it is too early to call Bitcoin’s bear market over, but he is watching for signs that downside momentum is starting to slow. Speaking on Cointelegraph’s Trade Secrets, Coutts said Bitcoin could be moving into the latter part of the drawdown.
Coutts described BTC’s current trading action as consistent with a “garden-variety” bear market, with the asset around the $63,000 area and about 50% below its October 2025 all time high of $126,100. He also pointed to a roughly 50% decline in volatility compared with the previous market cycle.
On technicals, Coutts said he is beginning to see early signs of easing selling pressure, including bullish divergence on longer time frames on momentum. He cautioned that even with negative momentum decelerating, the market is not yet out of bearish territory from a technical perspective.
Cointelegraph also cited Coutts’ view on longer-term price debate, saying he does not fully endorse forecasts for Bitcoin reaching $1 million by 2030. He suggested that weakening on-chain fundamentals, along with tightening global liquidity cited by others, played a meaningful role in Bitcoin’s fourth-quarter downturn, and he said his own earlier models had placed a $1 million outcome closer to 2032 or 2033.
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