Bitcoin and Altcoins Potential

The chief crypto analyst at crypto media platform Real Vision, Jamie Coutts, asserts that Bitcoin (BTC) and various altcoins have significant upside potential.

Coutts shared his insights with his 45,700 followers on X, stating that a looser monetary policy could create favorable conditions for a rally in Bitcoin and altcoins, leading to a subsequent bear market.

> “Central banks, if (when) they reverse their balance sheet tightening, will set off another leg higher — with the move likely accentuated in altcoins. With that will likely come the conditions for a peak and potentially the setup for a deeper fall than what I would expect, worst case approximately 50%. We aren’t anywhere near that yet.”

Coutts believes that the crypto market has not yet reached its cycle top, despite recent pullbacks.

> “Liquidity’s still supportive, but momentum refuses to deliver fireworks, frustrating everyone chasing a parabola. Looking ahead, global liquidity is lagging debt growth—cycle peak? Not likely.”

On the absence of significant market movements, Coutts remarked:

> “Bitcoin’s so-called ‘boring’ climb actually echoes the slow crawl in global liquidity this cycle. Ironically, a dull cycle could mean a shallow bear drawdown, but also a longer grind down.”

In the long term, Coutts identifies two factors that bolster the bullish case for Bitcoin:

> “Still, two secular trends are bulletproof: blockchain adoption and monetary debasement. And for these reasons, it’s best to zoom out and remember Bitcoin is fast becoming global collateral, it’s an AI-beneficiary technology, the driver of energy grid stabilization/modernization, and the anchor asset for global portfolios.”

As of now, Bitcoin is trading at $113,128.

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