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Analyst Jamie Coutts Says One Bitcoin Metric in Bullish Reversal, Predicts BTC Will Hit Over $140,000 This Cycle

Real Vision's chief crypto analyst, Jamie Coutts, believes that a positive signal for Bitcoin is flashing due to a rise in active Bitcoin addresses after a downtrend lasting eleven months. Coutts considers active Bitcoin addresses a significant base-level metric and predicts that Bitcoin could reach between $147,600 and $184,500 this cycle. Despite a recent pullback from its all-time high of $73,800, Bitcoin is currently trading at $61,830. Coutts also shares his optimistic outlook on Sui, the native token of L1 blockchain, noting its potential for continued upward movement. Sui is currently trading at $1.92.

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