Bitcoin could rally to $135K before ‘corrective phase’ — Analyst

Key Points

1. Katie Stockton of Fairlead Strategies predicts Bitcoin could reach $135,000 as an intermediate-term objective.

2. Bitcoin recently hit an all-time high of $122,871 on Coinbase before retreating below $120,000.

3. Markus Thielen of 10x Research projects Bitcoin could reach $133,000 based on a breakout, with a year-end target of $160,000.

4. Investors and analysts see $150,000 as a key price level for Bitcoin in the current cycle.

5. Bitcoin's market cap reached $2.4 trillion, making it the world’s fifth-largest global asset, though it remains small compared to traditional assets like bonds.