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Bitcoin may be entering its bear market's late stages, but $1 million by 2030 is too early to call

7/11/2026

A bear market is a sustained price decline, typically 20 percent or more below a recent peak.

Bitcoin ($BTC) appears to be moving through the final phase of one right now, according to Jamie Coutts, chief crypto analyst at Real Vision.

Coutts said he is confident the asset could reach $250,000 over the next couple of years, even as he called the $1 million by 2030 target premature.

What Coutts actually said Coutts said Bitcoin is nearing the late stages of its bear market.