
How high can Bitcoin rally before it truly ‘corrects’ itself’? Analyst says…
Bitcoin has been on a tear lately, breaking all-time highs and leaving many in awe. But when will the bubble burst? Katie Stockton, Founder and Managing Partner at Fairlead Strategies, believes that Bitcoin still has room to run, potentially reaching as high as $135,000.
In an interview with CNBC’s Closing Bell segment, Stockton emphasized that the recent price surge was clean and decisive, indicating a healthy rally. She highlighted that historical patterns suggest Bitcoin doesn’t correct immediately after breaking all-time highs. In fact, it often takes several months for a significant pullback to occur.
Stockton cited previous instances where Bitcoin continued to rise 3-6 months post-all-time high before experiencing a major correction. Given the current market dynamics and momentum indicators, she is convinced that the king crypto could push higher into Q4 2025 before any substantial drop sets in.
Derivatives markets are also signaling controlled optimism, which Stockton believes will allow Bitcoin to continue its upward trajectory. Aggregated Open Interest surged past $41 billion, indicating growing participation, but not reckless leverage. Furthermore, the Aggregated Funding Rate hovered at a relatively neutral level of 0.0183, suggesting that traders are not excessively long, reducing the risk of a sharp correction.
In conclusion, it seems that Bitcoin has more room to grow before correcting itself. Whether this rally is sustainable in the long term remains to be seen, but for now, the data suggests that $135,000 could be within reach.
Source: ambcrypto.com