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Jamie Coutts Predicts Significant Bitcoin Price Surge in Six Months

Interest Rates and Liquidity Injections
Coutts shared a graph illustrating the historical relationship between the global money supply (M2) metric and Bitcoin. He suggests that an increase in M2 could positively impact Bitcoin’s price.

“I expected Bitcoin to be at $80,000 as a strong dollar becomes a real issue. This shows the strength of basic demand and expectations for the Fed to take action; otherwise, things will begin to deteriorate. Regardless of the sequence of events, more liquidity is coming, and Bitcoin should be much higher in six months.”

Adaptation in the Private Wealth Segment
Coutts anticipates an increase in Bitcoin adoption within the private wealth segment, which encompasses high-net-worth individuals and families. He notes that these groups are less concerned about the daily liquidity fluctuations seen on crypto Twitter.

Jamie Coutts Predicts Significant Bitcoin Price Surge in Six Months

Interest Rates and Liquidity Injections
Coutts shared a graph illustrating the historical relationship between the global money supply (M2) metric and Bitcoin. He suggests that an increase in M2 could positively impact Bitcoin’s price.

“I expected Bitcoin to be at $80,000 as a strong dollar becomes a real issue. This shows the strength of basic demand and expectations for the Fed to take action; otherwise, things will begin to deteriorate. Regardless of the sequence of events, more liquidity is coming, and Bitcoin should be much higher in six months.”

Adaptation in the Private Wealth Segment
Coutts anticipates an increase in Bitcoin adoption within the private wealth segment, which encompasses high-net-worth individuals and families. He notes that these groups are less concerned about the daily liquidity fluctuations seen on crypto Twitter.
https://en.coin-turk.com/jamie-coutts-predicts-significant-bitcoin-price-surge-in-six-months/