Jamie Coutts, lead digital asset analyst at Real Vision, forecasts a significant rise in Bitcoin (BTC) price within six months, citing a potential Fed interest rate cut and an increase in money supply.
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.
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 platforms.
Future of Crypto AI Agents
Coutts predicts that new AI agent technology in the cryptocurrency sector will help sustain the upward trend over the coming months. These agents autonomously perform tasks such as interacting with blockchains and managing portfolios.
Coutts' predictions regarding Bitcoin’s future highlight important insights for market participants. The Fed’s economic policies and technological advancements are major factors influencing Bitcoin’s value.
