[Analyst: Bitcoin May Be Entering the End of the Bear Market, Expected to Rise to $250,000 in the Next Two to Three Years] BlockBeats News, July 11 – Real Vision Chief Crypto Analyst Jamie Coutts stated that Bitcoin might be entering the later stages of the current bear market. Although the bear market is not yet over, the downward momentum has begun to weaken. The current BTC price is down approximately 50% from its all-time high of $126,100 set in October 2025. Coutts described the current trend as a 'typical bear market' and noted that Bitcoin's volatility has decreased by about 50% compared to the previous cycle, suggesting that this downturn may not be as severe as prior bear markets. However, he cautioned that all current trend indicators remain clearly bearish, and the market will not mechanically replicate historical cycles. He pointed out that longer-term momentum indicators are beginning to show bullish divergence, indicating that negative momentum is slowing, but this does not mean Bitcoin has technically exited the bear market. In addition to global liquidity tightening, the deterioration of on-chain demand has also been a significant factor in Bitcoin's previous decline. Regarding long-term price predictions, Coutts expressed cautious skepticism about Bitcoin reaching $1 million by 2030. Instead, he is more inclined to predict that BTC will rise to $200,000 to $250,000 in the next two to three years. He also warned that the Bitcoin community needs to address the potential threat of quantum computing more clearly before 2027, as major protocol upgrades could take approximately five years to implement. [Original Link]