Real Vision's Jamie Coutts: Bitcoin Nearing End of Bear Market, Sees $200,000–$250,000 in 2–3 Years

AI Market Summary
Jamie Coutts frames Bitcoin as being in a late-stage bear market with weakening downside momentum, but not yet a confirmed trend reversal. The commentary is medium-term oriented and largely non-actionable for near-term flows, limiting immediate market impact. His quantum-computing warning highlights longer-dated protocol/security risk that could influence sentiment and narrative, especially among institutional allocators focused on long-horizon resilience.
Impact level
● Low
Affected assets
BTC/USDT+0.56%
AI Insight · BTC/USDTAI Insight
● Neutral
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Jamie Coutts, chief crypto analyst at Real Vision, said Bitcoin is in the late phase of a bear market, with selling pressure easing but the market not yet out of bearish conditions. Bitcoin has fallen about 50% from its all-time high of $126,100 in October 2025. Looking ahead, Coutts forecasts BTC could climb to $200,000–$250,000 over the next two to three years. He remains cautious about the possibility of Bitcoin reaching $1 million by 2030, and urged the community to address the potential risks posed by quantum computing before 2027.