@maximiliana90
Real Vision Chief Crypto Analyst Jamie Coutts has sounded a stark warning for Bitcoin in the months ahead. Citing his new Bitcoin Derivatives Risk Score (DRS) model, Coutts contends the leading cryptocurrency’s price faces one of two sharp outcomes: a severe downturn or a surge to new all-time highs (ATH).
In commentary shared via X today, Coutts highlights his “first pass” at the DRS model, noting that the market’s most recent instance of “Cat 5 euphoria” in Q1 2024 was followed by a pullback of only around 30%. He contrasts this with a comparable episode in 2019, which saw a 50% decline—widening to 70% if the COVID shock is accounted for.
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