Bitcoin nearing late stages of bear market: Jamie Coutts, Real Vision

Real Vision analyst Jamie Coutts believes Bitcoin is entering the late stages of its bear market, with selling pressure easing despite BTC trading 50% below October 2025's $126,100 peak. He forecasts Bitcoin reaching $200,000-$250,000 within two-three years, dismissing $1 million by 2030 predictions. Coutts highlights quantum computing as a long-term network risk requiring protocol upgrades by 2027.
Key takeaways
- 1Bitcoin trading at $63,000, roughly 50% below October 2025's $126,100 peak, entering late bear market stages.
- 2Real Vision analyst forecasts Bitcoin reaching $200,000-$250,000 within two-three years, dismissing $1 million by 2030 predictions.
- 3Bitcoin developers must implement quantum computing protocol upgrades by 2027 to address long-term network security risks.
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Why it matters
For Indian retail investors, understanding bear market progression and realistic price targets helps avoid chasing inflated predictions while quantum computing risks could impact Bitcoin's long-term viability and require urgent protocol changes by 2027.
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