Analyst: Bitcoin is still expected to reach a new high between the third quarter of this year and the first quarter of 2026

PANews reported on April 5th that crypto analyst Miles Deutscher tweeted his support for Bitcoin, firmly believing that Bitcoin will set a new ATH between the third quarter of this year and the first quarter of 2026. He believes people have overlooked the bigger picture, and the eventual rebound will be stronger than ever before. The reasons are as follows:

 

- Trump's plan causes short-term pain because it tries to suppress the dollar/yield (currently in the process of market digestion of new baselines).

 

- In medium term, tariffs will force domestic absorption of national debt to offset foreign purchases reduction (BTC is extremely sensitive to global liquidity).

 

- The market may bottom out due to concerns about recession (a scary word, markets hate uncertainty), but when recession officially arrives, attention would already shift towards Federal Reserve's response.

 

- Eventually, Fed will be forced to cut interest rates paving way for possible quantitative easing by 2026 (remember markets are forward-looking; in my view QE might not be as important this year compared with other liquidity measures - they have options: repo operations, BTFP, buying government bonds etc.).

 

- As for altcoins, quality products may follow BTC's trajectory and find their bottoms before recovery - low-quality projects will be eliminated.

 

- In a tight liquidity environment participants tend to consolidate around higher quality assets (BTC first) then lower risk curve after confidence and liquidity improve.

 

- As for short term anything can happen. Trying now to predict anything within a range of 1–12 weeks is extremely difficult and largely a foolish game.

 

Patience isn't easy but it’s what’s needed right now. I'll increase risk exposure over next few weeks/months because from perspective of Q1 next year overall situation looks quite good.