Jamie Coutts said the bear market is in its late stage, but he hasn’t fully escaped the pit yet. The target of 200,000–250,000 will likely require enduring for another two or three years.

According to Coin World news, based on early “A issuance in monitoring,” Real Vision’s chief crypto analyst Jamie Coutts said that Bitcoin is in the late stage of a bear market. Downside momentum is weakening, but it has not yet exited the bear market. BTC has fallen by about 50% from its historical high of $126,100 in October 2025. Coutts expects BTC to rise to between $200,000 and $250,000 over the next two to three years, is cautious about reaching $1 million by 2030, and reminds the Bitcoin community that it needs to address the threat of quantum computing before 2027.