Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    Will June 6 US Jobs Data Launch Bitcoin to $115K or Slam the Brakes
    NewsBitcoinBlockchainCryptoMarket

    Will June 6 US Jobs Data Launch Bitcoin to $115K or Slam the Brakes

    Bitcoin’s all-time highs could be derailed or accelerated, depending on the US…

    By
    Jane Omada Apeh
    June 5, 2025
    Circle’s NYSE Debut Raises $1B Plus Amid Investor Frenzy
    NewsCrypto
    Circle’s NYSE Debut Raises $1B Plus Amid Investor Frenzy
    June 5, 2025
    Trump Bitcoin strategy
    BitcoinCryptoMarketNews
    How Bitcoin Becomes Diplomatic Currency in Trump-Bukele Strategic Meeting
    June 5, 2025
    Massive Shift: JPMorgan Now Accepts Bitcoin ETFs as Wealth Collateral
    NewsBitcoinCryptoMoney
    Massive Shift: JPMorgan Now Accepts Bitcoin ETFs as Wealth Collateral
    June 5, 2025
    Who Really Owns the Trump Wallet? Magic Eden Silent as Family Threatens Action
    NewsCrypto
    Who Really Owns the Trump Wallet? Magic Eden Silent as Family Threatens Action
    June 4, 2025
  • Cryptocurrency
    Will June 6 US Jobs Data Launch Bitcoin to $115K or Slam the Brakes
    Will June 6 US Jobs Data Launch Bitcoin to $115K or Slam the Brakes
    7 Min Read
    Circle’s NYSE Debut Raises $1B Plus Amid Investor Frenzy
    Circle’s NYSE Debut Raises $1B Plus Amid Investor Frenzy
    5 Min Read
    Trump Bitcoin strategy
    How Bitcoin Becomes Diplomatic Currency in Trump-Bukele Strategic Meeting
    6 Min Read
    Massive Shift: JPMorgan Now Accepts Bitcoin ETFs as Wealth Collateral
    Massive Shift: JPMorgan Now Accepts Bitcoin ETFs as Wealth Collateral
    7 Min Read
    Who Really Owns the Trump Wallet? Magic Eden Silent as Family Threatens Action
    Who Really Owns the Trump Wallet? Magic Eden Silent as Family Threatens Action
    8 Min Read
    Trump-Linked Truth Social Files to Launch Bitcoin ETF as Crypto Politics Heat Up
    Trump-Linked Truth Social Files to Launch Bitcoin ETF as Crypto Politics Heat Up
    6 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Top Analyst’s Bold Prediction: 155% Bitcoin Surge Possible
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > News > Top Analyst’s Bold Prediction: 155% Bitcoin Surge Possible
News

Top Analyst’s Bold Prediction: 155% Bitcoin Surge Possible

Bitcoin symbols with a digital financial background and multiple price targets such as 100000 and 170000 displayed. The backd
Benedikt Krüger
Last updated: October 26, 2024 10:27 am
By
Benedikt Krüger
Published October 26, 2024
2 Min Read
Share

Real Vision’s lead crypto analyst Jamie Coutts suggests Bitcoin could rally over 155% from its current levels during this market cycle.

Contents
Various Price ScenariosExpected Price Targets and Probabilities

Various Price Scenarios

In a recent interview with Raoul Pal on The Journey Man YouTube channel, Coutts proposed that, with the rising global money supply, Bitcoin could break into six-digit territory. He explored several scenarios for Bitcoin’s future price movement and offered insight into potential outcomes.

Expected Price Targets and Probabilities

Taking the global M2 money supply into account, Coutts predicts that Bitcoin may reach around $100,000 by August 2025, though he sees this as a less likely outcome. Instead, he considers a target of $170,000 more probable.

projected upward trend for Bitcoin with Bitcoin symbols and price targets like 100000 and 170000 highlighted. The backgr

Coutts outlined four main price targets for Bitcoin, each with varying probabilities:

  • $100,000 with a 15% probability,
  • $170,335 with a 60% probability,
  • $234,000 with a 20% probability, and
  • $500,000 with only a 5% probability.

“I don’t believe Bitcoin will reach a parabolic high of $500,000 this cycle,” Coutts clarified. “However, it’s not impossible in the long term.”

As of this writing, Bitcoin trades at $67,100, and Coutts’ projections suggest these targets could be realized within the next two and a half years. If achieved, Bitcoin’s market cap could soar to approximately $3.75 trillion by August 2025.

For Bitcoin investors, these forecasts may serve as key reference points amid market fluctuations, though the volatility of crypto markets necessitates caution.

Bitcoin, price targets, Jamie Coutts, market cycle, global money supply

Advertising

For advertising inquiries, please email . [email protected] or Telegram

Bitcoin Drops to $61K Amid Major Outflows and ETF Adjustments

Altcoin Price Predictions: PEPE, BONK, and DOGS for October 2024

Solana Rise Incoming? $500M Capital Injection Signals Major Bull Case

Bybit Hack Exposes Crypto’s Dark Side – $1.5B Stolen, $605M Laundered via THORChain

Institutional Demand for Bitcoin at Its Peak! Demand Doubles!

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByBenedikt Krüger
Benedikt Krüger is a seasoned blockchain developer and cryptocurrency analyst with 10 years of experience in the field. Starting his career in software development, Benedikt quickly transitioned into blockchain technology, where he has worked on several pioneering projects, including the development of secure blockchain networks and decentralized platforms. His expertise includes blockchain security, cryptographic protocols, and the technical underpinnings of cryptocurrency systems. At DT NEWS, Benedikt provides readers with in-depth technical analysis and expert commentary on the latest trends in the blockchain and cryptocurrency industries, ensuring they stay ahead of the curve in this fast-paced sector.
Previous Article powering qubetics Qubetics $TICS at $0.015 – Get In Before the Final 20% Jump alongside Cosmos and Infinite Protocol Growth
Next Article cryptocurrency market decline with Bitcoin and Tether logos red downward trend arrows and warning symbols to indicat Are Markets Entering Uncertainty Again Due to These Two Events?
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
  • Sitemap
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English
  • Português (Portuguese)