Top analysts are currently converging on a mid-term target of $135,000 for Bitcoin price prediction. The consensus, driven by technicals, previous breakout data and institutional flow patterns, is building as a short-term target rather than just speculation.
Bitcoin hit an all-time high of $122,871 earlier this week and has since pulled back to below $117,000 due to sell-offs from long term holders. However, analysts think the next big inflection point is at $135K just before what many expect to be a big consolidation phase.
Katie Stockton: $135K Is the “Intermediate-Term Objective”
Katie Stockton, managing partner at Fairlead Strategies, says Bitcoin’s recent breakout from a multi-week consolidation has re-established bullish momentum. Speaking to CNBC on Monday, Stockton said her firm’s technical framework shows “measured move projections” from past breakouts that point to $135,000 as an intermediate-term objective.
Stockton also noted the strong correlation between Bitcoin price and stocks like Coinbase, as well as altcoins like Ethereum and XRP.
“There is positive action across the universe of cryptocurrencies,” she said.
$135K Target Echoed Across Top Analysts
The $135K Bitcoin prediction isn’t unique to Stockton. Several other industry leaders and research firms have landed in the same price range using different methods.
Markus Thielen, Head of Research at 10x Research, said in a note to Cointelegraph that Bitcoin’s July 10 breakout signal typically precedes a 20% rally. Applying that logic from the breakout level, Thielen projects a price target of $133,000, and his firm has a more ambitious $160,000 year-end target.
Nick Ruck, Director at LVRG Research, noted the market’s psychological alignment with round numbers, saying,
“Investors are still looking at $150,000 as the next major price level to reach during this cycle.”
Retail Investors Still on the Sidelines
One of the most interesting things about this rally is the lack of retail participation. Despite BTC going past $120,000 before its recent decline, prominent retail indicators like Google search volume, crypto app downloads, retail brokerage inflows, were are all muted.
Nic Puckrin, founder of The Coin Bureau, said,
“Retail buyers are nowhere to be seen yet. This rally is still driven by institutional capital, while the signs of retail are absent. Retail may not enter until we hit $150,000.”
This is consistent with the theory that this rally is healthier and more structural than previous hype driven cycles like 2021 which saw rapid extensions and sharp corrections.
Macro Trends and Capital Flows Support Sentiment
The $135K Bitcoin prediction is not just based on charts. Fundamentals are also lining up. Institutional capital is flowing in via spot Bitcoin ETFs with BlackRock’s iShares Bitcoin Trust (IBIT) and Grayscale’s GBTC reporting billions in inflows over the last two weeks. This inflow is creating steady demand, reducing supply and supporting higher prices.
Conclusion
Despite the growing consensus around the $135K Bitcoin prediction, analysts warn that the road ahead won’t be smooth. Markets are still vulnerable to black swan events, regulatory crackdowns, macroeconomic shocks or geopolitical instability. Thielen and Stockton both expect a correction once $135K is hit, suggesting this level may be a local top before Bitcoin cools off.
Additionally, while institutions are leading the way, the lack of retail participation could slow down the move if consumer sentiment doesn’t catch up.
Summary
Bitcoin’s run above $120K has brought on a flood of analyst targets at $135K. Katie Stockton of Fairlead Strategies and Markus Thielen of 10x Research are both calling for $135K, citing breakouts and institutional buying. Technicals show a bull flag breakout, while spot ETF inflows confirm demand. But retail is absent.
FAQs
What’s the $135K Bitcoin prediction target?
Analysts like Katie Stockton and Markus Thielen think Bitcoin will get to $135,000 before correcting.
What’s behind this forecast?
Previous breakouts, bull flag formations and institutional buying via ETFs.
Who’s calling for this target?
Katie Stockton (Fairlead Strategies), Markus Thielen (10x Research), Nick Ruck (LVRG Research) are among the experts.
Is retail participating in this rally?
Minimal search traffic and app activity suggest Retail is absent, this is an institutional move.
Can Bitcoin go higher than $135K?
Some still have year-end targets of $150K-$160K but expect a cooling off after $135K is tested.
Glossary
Bull Flag – A chart pattern that signals the trend will continue after a brief consolidation.
Breakout – When the price moves above a resistance level with increased volume.
Measured Move – A technical analysis projection based on the height of the previous pattern applied to the breakout point.
Black Swan Event – An unpredictable event with severe consequences, used in risk analysis.
Retail Participation – Individual, non-professional investors in the market.
Sources
The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.
You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.
Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.
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