Opinion: The mid-term target price of Bitcoin will reach the range of $135,000.

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On July 15, Katie Stockton, founder and managing partner of Fairlead Strategies, told CNBC on Monday that the market had experienced nearly two months of consolidation before this breakout, and now it feels like "ancient history." She stated that the company has developed a "measured moving forecast" based on the breakout situation and assumes that the previous rising trend continues before any correction phase: "This means that the mid-term target price for Bitcoin will reach around $135,000." Additionally, Markus Thielen, head of research at 10x Research, stated on Tuesday: "Based on the breakout signal from July 10, which historically leads to an average rise of 20% over the next two months, we predict that the price of Bitcoin could reach $133,000. We expect some consolidation in the near term, followed by a rise to $133,000, while we still aim to achieve a year-end target of $160,000." (Cointelegraph)

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