Coinbase “BTC, High possibility of reaching all-time high in the second half of the year”

Coinbase Institutional forecasted that Bitcoin (BTC) is likely to reach an all-time high again in the second half of this year. According to cryptocurrency specialist media The Block, Coinbase presented major upward factors in its latest report, such as the recovery of the U.S. economy, the possibility of interest rate cuts by the Federal Reserve (Fed), the expansion of BTC purchases by institutional investors, and clarification of the regulatory environment.

David Duong, head of Coinbase Research, explained, “Concerns about a recession in the U.S. are gradually being resolved, and the global liquidity flow is also moving in a direction favorable to Bitcoin.” He added, “The upward trend of Bitcoin has not yet ended, and it is likely to gain momentum for a while.”

This forecast reflects the strong BTC trend and the atmosphere of expanded institutional demand since the beginning of the year, and future macroeconomic indicators and regulatory progress are expected to be key watersheds.