Bitcoin’s staggering rally continues as Fairlead Strategies’ Katie Stockton projects a potential surge to $135,000.
This forecast utilizes a ‘measured move projection’ following Bitcoin’s confirmed bullish technical breakout.
Driving momentum is overwhelming institutional capital inflow, contrasting sharply with cautious retail investor participation noted by The Coin Bureau’s Nic Puckrin.
Bitcoin’s market capitalization eclipsed $2.4 trillion, securing its position as the fifth-largest global asset by market value and surpassing tech giant Amazon.
Technical analysis identifies a ‘bull flag’ pattern supporting sustained bullish trends, with consensus price targets ranging between $130,000 and $138,000.
Supporting indicators include $297 million in net inflows to Bitcoin spot ETFs, extending the current institutional buying streak to eight consecutive days.