Real Vision 首席加密分析师 Jamie Coutts 表示,现在预测 2030 年比特币价格将达到 100 万美元还为时过早,但他相信比特币在未来几年内可能会攀升至 25 万美元。 Real Vision 首席加密分析师 Jamie Coutts 表示,比特币可能正在进入熊市的后期阶段,下行势头开始放缓。 “我认为我们正在经历熊市的大部分行动。显然,它还没有结束。但你知道,我认为我们至少正在接近下半年,”库茨在接受 Cointelegraph 商业秘密采访时表示。 Coutts 将比特币当前的价格走势描述为“典型的普通熊市”,比特币交易价格约为 63,000 美元大关,比 2025 年 10 月的历史高点 126,100 美元低约 50%。 他指出,与之前的市场周期相比,比特币的波动性下降了约50%,这表明当前的低迷可能没有之前的熊市那么严重。 过去 30 天,比特币上涨了 4.45%。 (CoinMarketCap)
然而,库茨警告说,市场很少如此整齐地遵循历史模式。 “他们只是做自己的事情。目前,所有趋势指标都明显看跌,”库茨说。 库茨表示,从好的方面来看,他开始看到早期技术迹象表明抛售压力正在缓解。 “我开始看到较长时间框架内的动能出现看涨背离。所以这只是告诉我加速,或者我应该说,负面动能正在减速,但这并不意味着我们从技术角度来看已经走出了熊市,”库茨说。 尽管许多市场参与者将比特币第四季度的低迷归咎于全球流动性状况收紧,但 Coutts 表示,链上基本面的疲软也发挥了重要作用。 “因此,链上需求肯定会推动价格上涨,并且与全球流动性和商业周期等因素有一定的相关性,但它们也开始恶化。” 相关:比特币 ETF 在新的 8500 万美元净流出中结束了“最压倒性”的 2.7B 美元抛售 Jamie Coutts 对 2030 年比特币达到 100 万美元持怀疑态度
当被问及是否同意 Coinbase 首席执行官 Brian Armstrong 和 ARK Invest 首席执行官 Cathie Wood 的长期预测时,Coutts 持谨慎态度,即比特币到 2030 年将达到 100 万美元。 “到 2032 年、2033 年,我使用的模型确实有大约 100 万美元。这只是从现在到那时需要印多少钞票的函数,”他说。 他说:“我对未来两到三年内比特币价格应该达到 20 万到 25 万美元的预测感到更加满意。”他补充说,在这个时间范围之外,“很难说”。 “我认为人工智能给这个方程带来的东西会很有趣,如你所知,我们看到更多的钱包为代理服务,他们将把自己的价值存储在什么地方?他们会做出与人类相同的决定吗?”他说。 关于比特币估值的长期风险,Coutts 表示,社区需要在 2027 年之前采取更加果断的行动,以应对量子计算带来的潜在威胁。
“如果在这方面没有真正坚定的行动,这将成为网络中越来越多的人谈论的问题,因为尽管一切都受到量子的威胁,但比特币是一个去中心化的网络。它需要五年的时间才能真正实施主要的协议升级。” 库茨表示,比特币开发商对量子计算对网络的潜在威胁不予理睬,这是“错误的一面”。 特点:比特币的量子困境——更大的区块还是 STARK 证明?
Real Vision chief crypto analyst Jamie Coutts said it's far too early to call $1 million by 2030, but he's confident Bitcoin could climb up to $250,000 over the next couple of years.
Bitcoin could be entering the latter stages of the bear market, with downside momentum beginning to slow down, according to Real Vision chief crypto analyst Jamie Coutts.
“I think we're getting through most of the bear market action. It's still not over, clearly. But you know, I think we're approaching at least the second half,” Coutts said during an interview on Cointelegraph’s Trade Secrets.
Coutts described Bitcoin’s current price action as a “typical garden-variety bear market,” with BTC trading around the $63,000 mark, roughly 50% below its October 2025 all-time high of $126,100.
He noted that Bitcoin’s volatility has declined by about 50% compared with the previous market cycle, suggesting the current downturn may be less severe than previous bear markets.
Bitcoin is up 4.45% over the past 30 days. (CoinMarketCap)
However, Coutts warned that markets rarely follow historical patterns so neatly. “They just sort of do their own thing. And at the moment, all the trend indicators are obviously bearish,” Coutts said.
On the bright sides, Coutts said he is beginning to see early technical signs that selling pressure is easing.
“I'm starting to see a bullish divergence appear on the longer time frames on momentum. So that's just telling me that the acceleration, or should I say, the negative momentum is decelerating, but that doesn't mean that we're out of this bear market from a technical perspective at all,” Coutts said.
While many market participants blamed Bitcoin's fourth-quarter downturn on tightening global liquidity conditions, Coutts said that weakening onchain fundamentals also played a significant part.
“So onchain demand, which definitely drives price and is somewhat correlated to things like global liquidity and the business cycle, they started to deteriorate as well.”
Related: Bitcoin ETFs end 'most overwhelming' $2.7B sell-off amid new $85M net outflow
Jamie Coutts is skeptical of Bitcoin reaching $1 million by 2030
Coutts was cautious when asked whether he agreed with long range forecasts from Coinbase CEO Brian Armstrong and ARK Invest CEO Cathie Wood that Bitcoin could reach $1 million by 2030.
“The models that I was working with did have about a million by 2032, 2033. It’s just a function of like how much money printing is gonna be required between now and then,” he said.
“I'm more comfortable with a forecast in the next sort of two to three years that Bitcoin should get to sort of $200,000 to 250,000,” he said. Outside of that timeframe, he added, it is “very hard to say."
“I think it's gonna be interesting what AI brings to the equation, as you know, we see more wallets spun up for agents, and what are they gonna essentially store their value in? Are they gonna make the same decisions as what humans have?” he said.
On longer term risks to Bitcoin’s valuation, Coutts said the community will need to take more decisive action by 2027 to address the potential threat posed by quantum computing.
“If there isn't really firm movement on this, this will become an increasingly talked-about issue for the network because as much as everything is under risk from quantum, Bitcoin is a decentralized network. It's going to take five years for it to actually implement a major protocol upgrade.”
Coutts said Bitcoin developers who dismiss concerns over quantum computing’s potential threat to the network are on the “wrong side of this.”