10x Research: Bitcoin Poised to Achieve $160,000 Year-End Target

In an interview, 10x Research's Head of Research, Markus Thielen, stated, "Based on the breakout signal from July 10, which has historically led to an average increase of 20% over the next two months, we predict that the price of Bitcoin could reach $133,000. We anticipate some consolidation in Bitcoin in the near term, followed by a push up to $133,000, and we remain on track to achieve our year-end target of $160,000." [Odaily Planet Daily News]