10x Research: Bitcoin Expected to Exceed $160,000 by Year End

BlockBeats News, July 15th, 10x Research's Head of Research Markus Thielen stated in a recent interview: "Based on the breakthrough signal on July 10th, which historically has led to an average 20% increase over the following two months, we predict that the price of Bitcoin could reach $133,000. We expect Bitcoin to consolidate in the near future before rallying to $133,000, and we still aim to achieve our year-end target of $160,000."