Editor's PiCK
"Bitcoin Likely to Break All-Time High in Q2… Market Underestimates the Speed of Rise"
Minseung Kang
Summary
- Jamie Coutts, the chief cryptocurrency analyst at Real Vision, reported that Bitcoin is likely to break its all-time high within the second quarter.
- An analysis has emerged that current market participants are underestimating the speed of Bitcoin's rise.
- There is a forecast that Bitcoin could reach $123,000 by June, and it was stated that this is irrespective of external economic conditions.
Bitcoin (BTC) is expected to have a high possibility of breaking its all-time high within the second quarter. There is also an analysis that market participants are underestimating the speed of Bitcoin's rise.
According to Cointelegraph, a cryptocurrency specialist media, on the 28th, Jamie Coutts, the chief cryptocurrency analyst at Real Vision, stated, "The market is underestimating the speed of Bitcoin's rise. There is a possibility of breaking the all-time high within the second quarter."
He continued, "Bitcoin could reach $123,000 by June," adding, "This will be valid regardless of Donald Trump's U.S. tariff policies or recession concerns."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
