Bitcoin’s recent 23% price correction has sparked intense debate about its long-term trajectory. As investors continue accumulating during this dip, prominent crypto analyst Miles Deutscher presents a compelling case for why current macroeconomic conditions could catalyze Bitcoin’s next all-time high.
Understanding the Current Market Context
Bitcoin currently trades at $83,313, showing resilience with a 0.90% weekly gain despite significant headwinds. The recent decline stems primarily from new US tariffs announced between February and April 2025, creating broader market uncertainty.
The Macro Catalyst for Bitcoin’s Next Rally
Deutscher outlines a series of economic events that could fuel Bitcoin’s ascent:
- Short-term dollar weakness and lower interest rates benefiting crypto assets
- Reduced US Treasury Bill purchases leading to liquidity tightening
- Market bottoming as recession fears get priced in
- Federal Reserve response with potential rate cuts and QE by 2026
- Increased dollar liquidity through various economic tools
Timeline to New All-Time High
The analyst projects a new Bitcoin ATH between Q3 2025 and Q1 2026, driven by:
- Resolution of current market uncertainty
- Federal Reserve policy shifts
- Improved global liquidity conditions
- Quality altcoin recovery following Bitcoin’s lead
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Market Indicators and Trading Volume
Current market metrics show:
- Bitcoin price: $83,313
- Weekly performance: +0.90%
- Daily trading volume: $14.25 billion (68.68% decrease)
FAQ: Bitcoin’s Path to New ATH
When could Bitcoin reach its new all-time high?
According to Deutscher’s analysis, Bitcoin could achieve a new ATH between Q3 2025 and Q1 2026, following the expected economic policy shifts.
What are the main catalysts for Bitcoin’s potential rally?
Key catalysts include Federal Reserve policy changes, improved liquidity conditions, and the resolution of current market uncertainty driven by US tariffs.
How will altcoins perform during this period?
High-quality altcoins are expected to follow Bitcoin’s upward trajectory, while tokens with limited utility may struggle to maintain value.