Bitcoin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/bitcoin-could-surge-over-155-soon" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Could Surge Over 155% Soon</a><br></p>
<p style="text-align: justify">Jamie Coutts, the head crypto expert at Real Vision, has forecasted that <a href="https://en.bitcoinhaber.net/bitcoin-mining-and-its-environmental-impact-under-scrutiny" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> might see a remarkable increase exceeding 155% within the current market cycle. This prediction was shared during an engaging conversation on Raoul Pal’s YouTube program, The Journey Man.</p>
<h2 id="what-are-the-various-price-scenarios">What Are the Various Price Scenarios?</h2>
<p style="text-align: justify">Coutts elaborated on Bitcoin’s potential price trajectory, suggesting it could reach six figures due to the rising global money supply. He explored several possible scenarios for Bitcoin’s future market performance.</p>
<h2 id="what-are-the-likely-price-targets">What Are the Likely Price Targets?</h2>
<p style="text-align: justify">According to Coutts, looking at the global M2 money supply, Bitcoin’s price could approach $100,000 by August 2025; however, he emphasized this scenario’s low probability. Instead, he believes that a more realistic target would be approximately $170,000.</p>
<p style="text-align: justify">He expressed skepticism about Bitcoin achieving a parabolic surge to $500,000 during this cycle, labeling it a low-probability outcome. Coutts identified four key price targets, assigning a 15% likelihood to the $100,000 mark, 60% to $170,335, 20% to $234,000, and 5% to $500,000.</p>
<p style="text-align: justify">With Bitcoin currently priced at $67,100, Coutts predicts these milestones could arrive in the next two and a half years, with market capitalization potentially hitting around $3.75 trillion by August 2025.</p>
<ul>
 <li>Bitcoin could rise over 155% in this market cycle.</li>
 <li>Price targets include $100,000 (15% chance) and $170,335 (60% chance).</li>
 <li>Current trading price is $67,100.</li>
 <li>Market cap might reach $3.75 trillion by mid-2025.</li>
</ul>
<p style="text-align: justify">While these forecasts may provide valuable insights for market participants, it is crucial to approach them with caution, given the inherent volatility of cryptocurrency markets.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/bitcoin-could-surge-over-155-soon" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Could Surge Over 155% Soon</a></h5>

Bitcoin Could Surge Over 155% Soon

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