**James Wynn Takes a 40x Long Position on BTC Again—What Are His New Views on Bitcoin This Time?**

Renowned trader James Wynn has made a big move again. According to ChainCatcher, this veteran trader issued a bold market assertion this morning, believing that Bitcoin has the potential to double within 60 days, with a target price of around $175,000. His logic is that current stocks, real estate, and precious metals are all at historical highs, which could lead to significant capital flowing from these traditional assets into BTC.

It is worth noting that BTC previously dropped 35% from the $120,000 high, and the current price is around $92,810. In this context, Wynn’s doubling prediction appears quite aggressive.

**Forecast Was Later Adjusted, but the Upside Expectation Remains Impressive**

However, James Wynn quickly revised his view. He then stated that Bitcoin will "at least retest the 50-week moving average," which means there is still over 10% upside potential. Compared to his initial prediction, this adjusted forecast seems more conservative, but it still strongly signals a bullish outlook on BTC.

**Trading Actions Align with Market Expectations**

Recently, James Wynn again took a 40x leveraged long position on Bitcoin. From his continuous operations, this well-known trader’s optimistic attitude toward the market is not just words but is confirmed through actual capital allocation. Such large leveraged trades have attracted considerable attention in the crypto community and prompted market participants to reassess Bitcoin’s current valuation and upward potential.