分析師預測

儘管最近在美國宏觀經濟狀況中發生了動盪

Bitcoin price could reach new all-time highs sooner than expected, according to Jamie Coutts, the chief crypto analyst at Real Vision.

Real Vision的首席加密分析師Jamie Coutts表示，比特幣價格可能會比預期的更快地達到歷史新高。

Despite the recent volatility in U.S. macroeconomic conditions, which may delay BTC’s performance, Coutts thinks that the flagship cryptocurrency may hit new all-time highs before the second quarter ends,

儘管最近在美國宏觀經濟狀況中發生了波動，這可能會延遲BTC的表現，但Coutts認為，旗艦加密貨幣可能在第二季度結束之前達到了新的歷史高潮，

Bitcoin’s Short-Term Price Forecast

比特幣的短期價格預測

At the time of press, BTC was trading at around $85,880, showing a 3.16% decrease over the past 30 days, according to CoinMarketCap.

根據CoinMarketCap的數據，新聞發布會時，BTC的交易價格約為85,880美元，在過去30天內下降了3.16％。

Coutts was keeping a close eye on recent moves in the U.S. Dollar Index (DXY), which, according to historical trends, made him bullish on Bitcoin’s future performance.

Coutts密切關注美元指數（DXY）的最新動作，根據歷史趨勢，這使他對比特幣的未來表現看漲。

"We're looking at a worst-case scenario of $102,000 and a best-case scenario of $123,000 by June 1," he said.

他說：“我們正在尋找最糟糕的情況，即102,000美元，到6月1日的最佳情況為123,000美元。”

The upper target would represent a 13% gain over Bitcoin’s current all-time high of $109,000, which was reached on January 20.

上的目標將比比特幣目前的歷史最高額為109,000美元的收益13％，這是1月20日達到的。

Bitcoin’s Potential as a Hedge in a Recession

比特幣在經濟衰退中作為樹籬的潛力

BlackRock’s head of digital assets, Robbie Mitchnick, also expressed optimism about BTC performance in a recessionary environment.

貝萊德（Blackrock）的數字資產負責人羅比·米奇尼克（Robbie Mitchnick）也對衰退環境中的BTC表現表示樂觀。

In a March 19 interview with Yahoo Finance, Mitchnick suggested that while it’s uncertain whether a recession will occur, a recession could serve as a significant catalyst for the growth of the cryptocurrency.

在3月19日接受Yahoo Finance的採訪中，米奇尼克（Mitchnick）建議，儘管不確定是否會發生衰退，但經濟衰退可以成為加密貨幣增長的重要催化劑。

"I think it's still an open question whether we're going to have a recession. Certainly, if we do, I think it could help crypto adoption grow more quickly," Mitchnick said.

米奇尼克說：“我認為我們是否要去衰退仍然是一個懸而未決的問題。當然，如果我們這樣做，我認為這可以幫助加密採用更快地增長。”

Bitcoin: Recent Downturn Linked to Trump’s Tariffs

比特幣：最近的低迷與特朗普的關稅有關

Recently, Bitcoin experienced a downturn, falling below the $100,000 mark on February 2.

最近，比特幣經歷了低迷，2月2日低於100,000美元。

Many market participants have pointed to the new tariffs imposed by Trump and concerns over U.S. interest rates as the driving factors behind the price drop. However, Coutts remains optimistic about BTC prospects, predicting a rebound fueled by a combination of easing financial conditions, a weakening U.S. dollar, and increased liquidity from the People’s Bank of China since early 2025.

許多市場參與者指出，特朗普對美國利率徵收的新關稅是價格下跌的驅動因素。但是，Coutts對BTC的前景保持樂觀，預測自減輕財務狀況，美元疲軟以及自2025年初以來中國人民銀行的流動性增加所帶來的反彈。

“The market may be underestimating how quickly Bitcoin could surge,” Coutts said. He also pointed out that financial conditions had eased dramatically in the past month, citing the third-largest three-day decline of the U.S. dollar since 2015 and significant drops in rates and Treasury bond volatility. “Liquidity remains central to investing in all asset classes.”

庫茨說：“市場可能低估了比特幣的速度迅速增長。”他還指出，在過去的一個月中，財務狀況已經大大緩解，這是自2015年以來第三大美元下降的第三大下降，利率和國庫券債券波動率顯著下降。 “流動性仍然是投資所有資產類別的核心。”

Weak Bitcoin Market Signals Possible Continued Bearish Conditions

弱比特幣市場信號可能持續看跌條件

While some analysts remain hopeful about Bitcoin’s potential, others point to indicators suggesting weak market conditions.

儘管一些分析師對比特幣的潛力充滿希望，但其他分析師則指出了表明市場狀況疲軟的指標。

According to CryptoQuant, BTC is currently experiencing its “least bullish conditions” since January 2023. The firm’s Bull Score Index has dropped to 20, its lowest point since January 2023, signaling a weak Bitcoin market with limited potential for a strong rally in the short term.

根據CryptoQuant的說法，BTC目前正在經歷自2023年1月以來的“最低看漲條件”。該公司的Bull得分指數已下降到2023年1月以來的最低點，這表明比特幣市場較弱，短期內強烈反彈的潛力有限。

If the score remains below 40 for an extended period, it could indicate continued bearish market conditions, similar to those seen during previous bear market phases. For instance, during the 2018 bear market, the index fell below 40 in November 2018 and remained below this level until December 2019, indicating a prolonged period of bearish momentum.

如果延長的分數保持在40以下，則可能表明持續的看跌市場狀況，類似於以前的熊市階段。例如，在2018年的熊市期間，該指數在2018年11月的40次降至40次以下，並一直低於該水平，直到2019年12月，這表明持續的看跌勢頭。

In conclusion, despite the mixed signals, some market intelligence firms remain optimistic about Bitcoin reaching new all-time highs in the coming months. However, the current weak market sentiment and potential macroeconomic challenges could delay or hinder this bullish outlook.

總而言之，儘管信號混合了，但一些市場情報公司對在接下來的幾個月中達到新的歷史高潮仍然樂觀。但是，目前的市場情緒和潛在的宏觀經濟挑戰可能會延遲或阻礙看漲的前景。