10x Research: Bitcoin is expected to reach the end-of-year target of $160,000

Odaily News “Based on the July 10 breakout signal, which has historically led to an average 20% gain in the next two months, we forecast that Bitcoin could reach $133,000,” Markus Thielen, head of research at 10x Research, said in an interview. “We expect some near-term consolidation before a push to $133,000, while we remain on track to achieve our year-end target of $160,000.”