Bitcoin Bear Market Ending? Real Vision Analyst Targets $250,000 Surge

The crypto market may be shifting gears. According to Real Vision chief crypto analyst Jamie Coutts, Bitcoin is entering the latter stages of the bear market, as downside momentum begins to lose steam. While the bearish phase is not officially over, the current price action suggests we are approaching the second half of the market cycle.
With BTC trading near the $63,000 mark, Coutts is projecting a bullish target of $250,000 within the next couple of years. Although a $1 million price target by 2030 is deemed premature, the analysis highlights that this 'typical bear market' is exhausting itself, potentially paving the way for a massive breakout.
“I think we're getting through most of the bear market action. It's still not over, clearly. But you know, I think we're approaching at least the second half,” Coutts said during an interview on Cointelegraph’s Trade Secrets. Coutts described Bitcoin’s current price action as a “typical garden-variety bear market,” with BTC trading around the $63,000 mark, roughly 50% below its October 2025 all-time high of $126,100.
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