Famous Analyst Says "Everyone Is Missing the Big Picture, The Last Rally Will Be Much Bigger" and Shared BTC Record and Altcoin Season Prediction!

Renowned cryptocurrency analyst Miles Deutscher shared a prediction for Bitcoin (BTC), claiming that the largest cryptocurrency will reach a new all-time high of (ATH) between the third quarter of 2025 and the first quarter of 2026.

In a detailed post shared on social media, the German called on investors not to overlook broader macroeconomic trends that could trigger a significant rally in BTC, while acknowledging the current challenges in the market.

Deutscher said, "Yes, it is painful right now, but I think people are missing the big picture, and the ultimate rally will be bigger than ever."

Deutscher's thesis is based on several macroeconomic and geopolitical factors that he believes will come together to drive Bitcoin up in the next 12-18 months:

• Trump's Economic Strategy: Deutscher believes that the U.S. President's economic policies are aimed at short-term damage to lower the U.S. dollar and yields, which the markets are currently digesting.
• Customs Tariff-Focused Treasury Dynamics: Deutscher argues that potential customs duties could reduce foreign demand for U.S. Treasury bonds, challenging domestic absorption, and this situation could significantly affect global liquidity, which BTC is extremely sensitive to.
• Recession Sensitivity: According to Deutscher, markets may hit bottom due to recession fears, but history shows that when a recession is officially declared, markets typically start pricing in the FED's monetary easing measures.
• FED's Response: The FED is expected to eventually lower interest rates and possibly pave the way for a new round of monetary expansion in 2026. However, it noted that liquidity tools such as repo transactions, the BTFP (Bank Term Funding Program), and Treasury purchases might play more significant roles in the short term.

Deutscher also commented on altcoins, suggesting that high-quality projects will reflect the path that Bitcoin has taken and will find a bottom before gradually recovering. Deutscher warned that low-quality assets may not survive the current tightening cycle and that the elusive "altcoin season" will likely only occur after BTC reaches its peak.