Bitcoin will break past its $109,000 all-time high sooner than expected despite recent volatile US macroeconomic conditions, according to a crypto analyst.
“The market may be underestimating how quickly Bitcoin could surge – potentially hitting new all-time highs before Q2 is out,” Real Vision chief crypto analyst Jamie Coutts told Cointelegraph.
He said this forecast stands regardless of whether or not there is more clarity on US President Donald Trump’s tariffs and potential recession concerns.
Trump’s tariffs blamed for Bitcoin’s recent downtrend
Bitcoin (BTC) fell below $100,000 on Feb. 2, with many market participants blaming the downturn on Trump’s newly imposed tariffs and uncertainty over US interest rates.
Coutts based his rosy rebound prediction on easing financial conditions, a weakening US dollar and the People’s Bank of China ramping up liquidity since early 2025.
“Financial conditions have eased dramatically this month, highlighted by the US dollar’s