Why $135K isn’t off the table yet Referring to th

Referring to the seven-to-eight-week consolidation before Bitcoin’s recent surge, Stockton said on CNBC’s Closing Bell segment,

“This breakout did follow a pause that obviously refreshed the uptrend…We saw that $108,300 level that we’ve been citing cleared, and it happened very decisively.”

Based on the recent price breakout, Stockton’s team at Fairlead used measured move projections to estimate that Bitcoin could reach approximately $135,000 as its next intermediate-term target. She mused,

“While this may have seemed pretty aggressive a few days ago, maybe now a little less so.”

With Bitcoin hitting a record high of $123K and over 265 companies now holding it on their balance sheets, Stockton sees further upside. Not just for BTC, but for crypto-linked stocks like Coinbase and Strategy as well.