分析师预测

尽管最近在美国宏观经济状况中发生了动荡

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

Real Vision的首席加密分析师Jamie Coutts表示，比特币价格可能会比预期的更快地达到历史新高。

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,

尽管最近在美国宏观经济状况中发生了波动，这可能会延迟BTC的表现，但Coutts认为，旗舰加密货币可能在第二季度结束之前达到了新的历史高潮，

Bitcoin’s Short-Term Price Forecast

比特币的短期价格预测

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.

根据CoinMarketCap的数据，新闻发布会时，BTC的交易价格约为85,880美元，在过去30天内下降了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密切关注美元指数（DXY）的最新动作，根据历史趋势，这使他对比特币的未来表现看涨。

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

他说：“我们正在寻找最糟糕的情况，即102,000美元，到6月1日的最佳情况为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.

上的目标将比比特币目前的历史最高额为109,000美元的收益13％，这是1月20日达到的。

Bitcoin’s Potential as a Hedge in a Recession

比特币在经济衰退中作为树篱的潜力

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

贝莱德（Blackrock）的数字资产负责人罗比·米奇尼克（Robbie Mitchnick）也对衰退环境中的BTC表现表示乐观。

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的采访中，米奇尼克（Mitchnick）建议，尽管不确定是否会发生衰退，但经济衰退可以成为加密货币增长的重要催化剂。

"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.

米奇尼克说：“我认为我们是否要去衰退仍然是一个悬而未决的问题。当然，如果我们这样做，我认为这可以帮助加密采用更快地增长。”

Bitcoin: Recent Downturn Linked to Trump’s Tariffs

比特币：最近的低迷与特朗普的关税有关

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

最近，比特币经历了低迷，2月2日低于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.

许多市场参与者指出，特朗普对美国利率征收的新关税是价格下跌的驱动因素。但是，Coutts对BTC的前景保持乐观，预测自减轻财务状况，美元疲软以及自2025年初以来中国人民银行的流动性增加所带来的反弹。

“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.”

库茨说：“市场可能低估了比特币的速度迅速增长。”他还指出，在过去的一个月中，财务状况已经大大缓解，这是自2015年以来第三大美元下降的第三大下降，利率和国库券债券波动率显着下降。 “流动性仍然是投资所有资产类别的核心。”

Weak Bitcoin Market Signals Possible Continued Bearish Conditions

弱比特币市场信号可能持续看跌条件

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

尽管一些分析师对比特币的潜力充满希望，但其他分析师则指出了表明市场状况疲软的指标。

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.

根据CryptoQuant的说法，BTC目前正在经历自2023年1月以来的“最低看涨条件”。该公司的Bull得分指数已下降到2023年1月以来的最低点，这表明比特币市场较弱，短期内强烈反弹的潜力有限。

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.

如果延长的分数保持在40以下，则可能表明持续的看跌市场状况，类似于以前的熊市阶段。例如，在2018年的熊市期间，该指数在2018年11月的40次降至40次以下，并一直低于该水平，直到2019年12月，这表明持续的看跌势头。

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.

总而言之，尽管信号混合了，但一些市场情报公司对在接下来的几个月中达到新的历史高潮仍然乐观。但是，目前的市场情绪和潜在的宏观经济挑战可能会延迟或阻碍看涨的前景。