Bitcoin Price Prediction: Will It Break Through $160000?

Bitcoin(BTC) is gaining strong momentum as investors’ eyes a $160000 price target. In July, spot BTC fund significantly experienced a $6.0126 billion net inflow, marking a postive momentum in the market. BTC may be driving a stable higher path.

According to the Farside data, US Spot Bitcoin Exchange Traded Fund saw $363.5 net inflow on Friday, marking 12-day consecutive inflow. Leading companies such as MicroStrategy and Fidelity Wise Origin BTC Fund are growing their BTC holdings significantly. Retail and institutional investors are keenly eyeing for $160K resistance.

Bitcoin Could Surpass $160000 Resistance

Bitcoin (BTC) seems to be moving steadily upward. A well-known analyst believes that strong demand from both regular people (retail investors) and big institutions could push the resistance level to around $160,000.

A prominent analyst, 10x Research Markus Thielen, warned that Bitcoin at the end of 2025 could reach $160,000 due to current positive signals and rising demand from investors. He also said, investors purchased $15 billion in Bitcoin ETFs over the last six to eight weeks.

The expert thinks BTC might stay around the same price for a short time before it goes up to $133,000. He still believes BTC can reach $160,000 by the end of the year. If that happens, Bitcoin’s total value would be more than Apple’s, which is worth $3.12 trillion.

Bitcoin Price Chart

Leading coin Price trading at $118,741, up 0.57% over the past 24 hours. Its market volume gained 39% and reached $64.65 billion, showing strong momentum and investors intrest in the market.

Galaxy Digital CEO told CNBC BTC will eventually replace gold as a store of value and reach $1,000,000.