After Hitting an All-Time High, Bitcoin Set to Skyrocket to $135,000!

Jakarta, Pintu News – Bitcoin price predictions continue to emerge after its all-time high on Monday (14/7), with one analyst predicting Bitcoin will reach $135,000 before a significant market correction.

Prior to this surge, there was nearly two months of consolidation, which now feels like “ancient history,” Katie Stockton, founder and managing partner of Fairlead Strategies, told CNBC on Monday.

Stockton added that stocks that track the Bitcoin market, such as Coinbase or Strategy, are likely to perform well.

“There is positive action across the cryptocurrency universe,” he said, mentioning the movement of Ethereum and XRP .

Analysts Reiterate BTC Price Predictions

Read also: Solana Price Takes a Dive, But These 3 Key Indicators Show the Uptrend is Far from Over!

Bitcoin managed to break out of its multi-week sideways channel on Monday, reaching an all-time high price of $122,871 on Coinbase before dropping back below $120,000 in morning trading on Tuesday.

Stockton’s prediction is similar to other analysts’ recent forecasts.

“Based on the breakout signal on July 10, which historically leads to an average rally of 20% over the following two months, we project Bitcoin could reach $133,000,” 10x Research Head of Research Markus Thielen told Cointelegraph on Tuesday (15/7).

“We expect consolidation in the short term, followed by a push towards $133,000, with our year-end target of $160,000 remaining in sight.”

“Investors still see $150,000 as the next big price level to reach in this cycle,” LVRG Research Director Nick Ruck told Cointelegraph, adding:

“We remain optimistic that Bitcoin can continue, as long as there are no sudden black swan events.”

Technical analysts on Cointelegraph’s website set $132,000 to $138,000 as a “reasonable short-term target” before momentum slows down.

Bitcoin’s breakout from what appears to be a “bull flag” pattern indicates a target of $130,000, according to the analysis.

Retail Still Absent from Crypto

Bitcoin managed to surpass $120,000, breaking the seven-year trend line that has been a strong resistance level since 2018.

“This is a very bullish signal, especially given the environment in which this is happening,” said Nic Puckrin, investor and founder of The Coin Bureau, in a note shared with Cointelegraph.

“Most importantly, however, retail buyers are nowhere to be seen. This rally is still being driven by institutional capital, while typical signs of retail engagement – such as a spike in search traffic and crypto app rankings – are absent,” he added before stating that retail is unlikely to engage “until we hit around $150,000 and FOMO starts to set in.”

Read also: 3 Crypto Trending Today (7/16/25): Number 1 Altcoin Surges 47%!

Bitcoin Is Still a Small Asset Class

This huge move increased Bitcoin’s market capitalization to $2.4 trillion, allowing BTC to unseat Amazon and become the world’s fifth-largest global asset.

However, in terms of asset classes such as gold, equities, property, and bonds, Bitcoin is still relatively small, said James Lavish, co-founder of the Bitcoin Opportunity Fund, on Monday.

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Cointelegraph. Bitcoin could rally to $135K before ‘corrective phase’ – Analyst. Accessed on July 16, 2025