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Key Takeaways:
- Analysts say Bitcoin could surge to $135,000 before any significant pullback.
- The latest bull run is largely institutional, with retail yet to jump in.
- Bitcoin now ranks among the world’s top five assets by market cap — but still has room to grow.
Bitcoin has broken past its previous records, surging to an all-time high of $122,871 on Monday before pulling back slightly. With momentum shifting bullishly, several prominent analysts are forecasting a move toward $130,000–$135,000 before the next significant correction.
Katie Stockton Sets $135K Target
Fairlead Strategies founder Katie Stockton told CNBC that Bitcoin’s breakout after months of consolidation signals a powerful uptrend. Her firm uses “measured move projections,” which currently place BTC’s next target near $135,000.
“There is positive action across the universe of cryptocurrencies,” Stockton said, noting that assets like Coinbase stock and altcoins such as Ether and XRP are also rallying alongside Bitcoin.
$133K–$138K Seen as Realistic Short-Term Goal
Markus Thielen, head of research at 10x Research, cited a historical breakout signal that typically precedes a 20% rally over two months. He projects Bitcoin could reach $133,000 soon, with a more ambitious year-end goal of $160,000 still intact.
Cointelegraph analysts echoed similar optimism, identifying the $132,000 to $138,000 range as a likely short-term target. Meanwhile, LVRG Research director Nick Ruck remains bullish, suggesting the next major psychological price point could be $150,000 — barring any unforeseen macroeconomic shocks.
Institutional Buyers Fueling the Rally
Despite Bitcoin’s meteoric rise, retail investors remain largely on the sidelines. According to Coin Bureau’s Nic Puckrin, the current rally is still driven by institutional capital, not everyday investors.
Also Read: Stellar (XLM) Jumps 11% as Bitcoin Hits $122.5K — Analysts Predict $1.29 Breakout
“The typical signs of retail participation — rising search traffic and top crypto app rankings — are missing,” he said. Puckrin believes widespread retail FOMO may not arrive until Bitcoin hits around $150,000.
With its $2.4 trillion market cap, Bitcoin recently surpassed Amazon in value, making it the fifth-largest global asset. However, James Lavish, co-founder of the Bitcoin Opportunity Fund, pointed out that BTC is still dwarfed by major asset classes like gold, equities, and real estate — highlighting its growth potential.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
