Analyst Predicts Bitcoin Hitting $135K Amid Breakout Rally This Month
2025-07-15 07:55:47
Main Idea
Crypto analyst Katie Stockton predicts Bitcoin will reach $135,000 in the medium term, citing a strong bullish trend and institutional adoption.
Key Points
1. Bitcoin reached a new all-time high of $123,091, driven by massive institutional adoption, with over 265 companies now holding Bitcoin on their balance sheets.
2. Stocks tracking BTC markets, such as Coinbase and MicroStrategy, are expected to perform well alongside Bitcoin's surge.
3. Jamie Elkaleh of Bitget Wallet noted that ETF demand suggests continued upside for Bitcoin, with a short-term pullback unlikely.
4. Bitcoin's dominance is expected to continue capping alternative layer growth unless BTC dominance breaks below 62% and ETH/BTC strengthens further.
Description
Katie Stockton, a renowned crypto analyst and founder at Fairlead Strategies, has predicted that Bitcoin will reach $135,000 in the medium term, indicating a strong bullish trend. Speaking to CNBC on Monday , she said that BTC would surge prior to the ‘corrective phase.’ Before this big breakout, there were almost 8 weeks of consolidation, which feels like “ancient history right now.” From the breakouts, the company has created “measured move projections,” assuming that the trajectory of the pre...
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