Analyst Makes a Case for Why Bitcoin is Poised to Hit a New All-Time High in the Third Quarter

Some market observers have considered Bitcoin’s first quarter performance underwhelming, as the asset failed to sustain momentum at previous ATHs.

However, with the new month comes renewed expectations, and as a result, one market analyst has thoroughly laid out the bullish possibilities for the asset in the long term.

Prominent market analyst Miles Deutscher, in a post shared on X, has made a bold call: Bitcoin is poised to hit a never-before-seen price level in two different quarters.

“I have high conviction that $BTC will make a new ATH sometime between Q3 this year and Q1 2026.” He wrote.

“Yes, it’s painful now – but I think people are missing the bigger picture, and the eventual rally will be bigger than ever.” He wrote. 

According to Deutscher’s breakdown, President Trump’s implementations are poised to lower dollar/yields. Increased tariff rates could prompt domestic absorption of treasuries to offset the decline in foreign purchases, resulting in price fluctuations for Bitcoin as global liquidity tanks.

The analyst predicts that recession fears could result in a bottom market, forcing key players to turn to the Feds. He asserts his convictions that the Feds are likely to cut rates, which could, in turn, open the path for Quantitative easing (QE) in 2026. For altcoins, leading assets are expected to follow Bitcoin’s trajectory and find a floor before kickstarting a recovery. 

Short-term expectations for Bitcoin, although mostly bearish, are uncertain.

In the near term, the analyst maintains that the state of the Bitcoin market is unpredictable. 

“As for the short term, anything can happen. Trying to forecast anything in the 1-12 week range is extremely difficult right now, and is largely a fools game.” He wrote.

With Bitcoin’s current state, a handful of bearish arguments could be made, as market risks remain high. Notably, President Trump’s tariffs have been regarded by one key player as a “net negative” for Bitcoin and the U.S. economy. At report time, Bitcoin is valued at $78,610 per coin.