Real Vision’s chief crypto analyst, Jamie Coutts, predicts that Bitcoin could experience a significant surge of over 155% during this market cycle. Coutts appeared on Raoul Pal’s The Journey Man YouTube channel and suggested that Bitcoin could reach six-figure territory as the global money supply continues to increase. He stated, “My base case is if we look at global M2 (money supply) and extrapolate it to August, which is when the Bitcoin cycle peaked previously, it indicates a price of about $100,000 for Bitcoin. This is a potential outcome, but with a very low probability. My proportional forecast is $170,000.”

Coutts also mentioned that there are more optimistic scenarios where Bitcoin could skyrocket to $234,000 or even higher. However, he emphasized the importance of assigning probabilities to each potential outcome to create a grounded projection. He stated, “I don’t believe Bitcoin will go parabolic to $500,000 during this cycle. I see $500,000 in the future, but not in this cycle. It has a very low probability.”

According to Coutts, Bitcoin has a 15% chance of reaching $100,000 by mid-August 2025. Over the same period, there is a 60% chance of it reaching $170,335, a 20% chance of surging to $234,000, and a 5% chance of hitting $500,000.

Bitcoin is currently trading at $66,633.

Please note that the opinions expressed by Jamie Coutts and The Daily Hodl are not investment advice. Investors should conduct their own research before making any high-risk investments in Bitcoin, cryptocurrency, or digital assets. Transfers and trades are done at the individual’s own risk, and any losses incurred are their responsibility. The Daily Hodl does not endorse the buying or selling of any cryptocurrencies or digital assets, and it is not an investment advisor.