Analysts Allowed Bitcoin To Rise To $135 Thousand

• 17.07.2025, 11:28

Cryptocurrency capitalization has overtaken Canada's GDP.

Experts at Fairlead Strategies predict the growth of the first cryptocurrency to $135,000, followed by a correction. This was told in an interview with CNBC by the company's founder Kathy Stockton.

At the time of writing, the bitcoin exchange rate is at $118,300. Over the past 24 hours, the price of digital gold has fallen 3%, according to CoinGecko.

The forecast by experts at Fairlead Strategies relies on the "measured-movement projections" method, an approach in techanalysis that focuses on the magnitude of past price momentum.

"The two-month consolidation that preceded the recent breakout now seems like ancient history. If the current trend continues into the correction phase, we could see bitcoin at $135,000," Stockton explained.

She added that the positive dynamics of the first cryptocurrency is contributing to the growth of shares of companies like Coinbase and Strategy and other assets. Thus, over the past seven days, the two Ethereum and XRP rose in price by 16% and 25%, respectively.

We will recall that on July 14 bitcoin updated the historic high above $123,000. The capitalization of the asset overtook the GDP of Canada.

Earlier, analysts at TD Cowen predicted the price of digital gold to rise to $155,000 by the end of the year.