Bitcoin Price to Hit $160,000 as Retail Investors Return, Top Analyst Predicts

Key Insights:

• 10x Research analyst Markus Thielen predicted the Bitcoin price to hit $160 by the end of 2025.
• CryptoQuant on-chain data indicated that retail investors made a comeback during the rally last week.
• A Bitcoin rally to $135K in September would confirm a further rally to near $160,000.

Bitcoin price held strongly above key levels despite 40,000 BTC sold by a Satoshi-era whale and headline CPI inflation rising to 2.7%. However, it dropped again below Amazon to the 6th spot on the largest assets by market cap list.

Funding rates across Bitcoin, Ethereum, and Solana exploded into double digits and triggered a massive pump in the prices.

BTC price has more uptrend left and could hit $160,000 by year-end, claimed a top analyst known for accurate predictions. Traders also maintained their bullish outlook, eyeing momentum to rocket Bitcoin price to at least $135,000.

Bitcoin Price to Hit $160K: 10x Research

10x Research analyst Markus Thielen predicted that the Bitcoin price is likely to hit $133,000 following a breakout signal in early July. He added that such breakouts typically resulted in a 20% gain over two months.

However, he anticipated a short-term consolidation before BTC price advances to $133,000, maintaining confidence in a year-end target of $160,000. Bitcoin would surpass Apple’s market cap of $3.12 trillion if it rallies to $160,000.

The prediction is based on massive buying by corporate and institutional investors. He revealed that investors purchased $15 billion in Bitcoin ETFs over the last six to eight weeks.

10x Research on Returning Retail Investors

As Bitcoin made a new ATH above $123,000, the rally wasn’t just driven by whales but a wave of panic buying in Asia’s late hours by retail and high net worth individuals.

The report highlighted a structural shift in Bitcoin’s investor base, from retail to institutional buyers, including ETFs and corporations. As The Coin Republic reported, crypto funds recorded the second-highest total inflows of $3.7 billion to date.

CryptoQuant on-chain data indicated that retail investors made a comeback. The 30-day change in demand for small transfer volumes moved into positive territory over the past week.

Bitcoin Price Rally Confirmation After $135K in September

Along with Markus Thielen, many notable entities, such as Peter Brandt and Standard Chartered, gave a BTC price target of $135K. The predictions came after a bull flag pattern breakout in the daily BTC chart earlier this month.

The confidence in the market stemmed from fiat money inflow into BTC. Wall Street veteran Fred Kruger said money coming into the system is relative to the starting market cap of Bitcoin.

He believes Bitcoin price can hit $200K as a result of another 100 billion in inflow. And, if the total inflow is another 400 billion, BTC can even get to $444K.

BTC price jumped nearly 2% in the past 24 hours, with the price trading at $118,905 at the time of writing. The 24-hour low and high were $115,765 and $119,298, respectively.

Furthermore, the trading volume decreased massively by 46% in the last 24 hours, indicating a decline in interest among traders.

Analyst Rekt Capital pointed out that BTC price was finding support just above its daily CME gap between $115,625-$114,305. Typically, Bitcoin price fills this CME gap to continue its upside momentum.