10x Research Sees 60% Chance Bitcoin Hits $133K by September, Warns of 40% Pullback Risk
10x Research’s latest Bitcoin price prediction assigns a 60% probability that BTC will rally to $133,000 by September, based on Monte Carlo simulations, post-halving supply dynamics, on-chain activity and rising institutional inflows. The firm’s trend model flipped bullish on June 29, forecasting a 20% gain in two months. Key catalysts include a likely benign US CPI print on July 15, supportive US crypto week policies and $215.7m in spot Bitcoin ETF inflows. While bullish momentum is expected, analysts warn of a 40% pullback risk from profit-taking or regulatory developments. Technical indicators such as the 200-day moving average and RSI also support this market forecast. Traders should emphasize risk management and position sizing amid historically weak Q3 conditions. This Bitcoin price prediction underscores the importance of disciplined risk control.
Bullish
10x Research’s 60% probability forecast for Bitcoin to reach $133K by September, underpinned by Monte Carlo simulations, on-chain metrics, institutional inflows and favourable catalysts like CPI data and ETF flows, indicates strong bullish momentum. The shift to a bullish trend model and supportive technicals—such as the 200-day moving average and RSI—reinforce upside prospects. Although a 40% pullback risk from profit-taking or regulatory news introduces short-term volatility, it serves as a caution rather than a trend reversal. In the medium term, if key catalysts materialise, the outlook remains positive. Overall, the bullish forecast is likely to drive trading activity and bolster market confidence in Bitcoin’s upward trajectory.