Bitcoin may hit $133K by September: 10x Research

Bitcoin (BTC) may climb to $133,000 by September, driven by renewed bullish momentum and strong demand for call options, according to Cointelegraph, citing Markus Thielen, an analyst at crypto market research firm 10x Research. He noted that their trend model turned bullish on June 29, assigning a 60% probability to continued upside over the next two months. Thielen added that historical trends point to a 20% gain from current levels near $111,000, which would place BTC around $133,000. While Q3 is typically a weak period for BTC, he believes this cycle could defy that trend.

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