10x Research: Bitcoin is expected to surpass $160000 by the end of the year

According to BlockBeats, on July 15th, Markus Thielen, head of research at 10x Research, stated in a recent interview, "Based on the breakout signal on July 10th, which historically led to an average increase of 20% over the next two months, we predict that the price of Bitcoin may reach $133000. We anticipate some consolidation in Bitcoin in the near future, which will then push it up to $133000, and we are still on track to achieve our year-end target of $160000