The leading cryptocurrency Bitcoin (BTC) renewed its all-time high price record last night after a long break. At this point, the previous all-time high price record for Bitcoin was $111,900 according to the averages of cryptocurrency exchanges, and it renewed this record last night at $111,999 on Binance. As expectations for further increases increase with the new ATH, 10X Researxh founder Markus Thielen shared a new BTC prediction. Accordingly, Markus Thielen stated that Bitcoin could reach $133,000 by September. Bitcoin (BTC) is in an Uptrend! Thielen said Bitcoin could climb to $133,000 by September thanks to renewed bullish momentum and strong demand for call options. Thielen noted that 10X Research's trend models turned bullish on June 29, and according to this model, there is a 60% probability that the rise will continue over the next two months. At this point, Thielen stated that historical data linked to the model indicates a 20% increase from current levels near $111,000, which would take BTC to around $133,000. “We remain constructive on Bitcoin’s upside. Our trading signals suggest that the current short-term breakout carries a 60% probability of further upside over the next two months, while historical data suggests gains of around 20%. This means Bitcoin could reach $133,000 in September.” Finally, Thielen believes that while Q3 is generally a weak period for BTC, this cycle could challenge that trend. *This is not investment advice. Continue Reading: Bitcoin (BTC) Says "Bull Isn't Over Yet," Breaks Record! Master Analyst Announces New Price Prediction After New ATH!
