For the famous analyst Bitcoin, “Everyone is missing the big picture, the last ral will be much larger,” he said, BTC record and subcoin season!

Well-known Crypto para Analisti Miles German, Bitcoin (BTC) By sharing an estimation for him, he claimed that the largest crypto currency would reach the highest level of all time (ATH) between the third quarter of 2025 and the first quarter of 2026.

In a detailed article shared on social media, Deutscher has accepted the current challenges on the market, but called on investors not to overlook the wider macroeconomic tendencies that could trigger an important rally in BTC.

“Yes, it is painful at the moment, but I think people are missing the big picture, and the final rally will be greater than ever,” Deutscher said.

Deutscher’s thesis is based on a few macroeconomic and geopolitical factors that he believes will come together to raise Bitcoin in the next 12-18 months:

• Trump’s economic strategy: Deutscher believes that the US President’s economic policies aim to short -term damage to reduce the US dollar and returns, where markets are currently in the process of intimidation.
• Customs Tariff -oriented Treasury Dynamics: Deutscher argues that potential customs duties can force domestic absorption by reducing foreign demand for US Treasury bonds, and that this situation may significantly affect the global liquidity in which BTC is extremely sensitive.
• Recession sensitivity: According to Deutscher, markets can hit the bottom for fear of recession, but when history is officially announced, the markets often show that the Fed usually begins to pricit monetary expansion measures.
• Fed’s reaction: Fed expects to eventually reduce interest rates and possibly pave the way for a new monetary expansion round in 2026. However, other liquidity tools such as Repo transactions, BTFP (Bank Futsal Funding Program) and Treasury purchases may play more important roles in the short term.

Deutscher also commented on the Altcoins, suggesting that high -quality projects would reflect the way Bitcoin watched and find a base before recovering. Deutscher warned that low -quality assets may not survive the current tightening cycle and that the “Altcoin season” that is difficult to capture will only be held after the BTC summit.

*It is not an investment advice.