Bitcoin is already flirting with the $110,000 level, but Katie Stockton, the founder of Fairlead Securities, sees the world’s largest cryptocurrency by market cap pushing further up in the weeks ahead.

According to Stockton, Bitcoin has already surpassed a key resistance at $108,000, and a confirmed breakout over the next few days could see it soaring further to $134,000.   

BTC has been in a sharp uptrend lately, partially because of a 90-day trade truce between the US and China.

Investors should note, however, that a Bitcoin rally is usually not a standalone event.

More often than not, it tends to spill into other crypto coins as well. In 2025, these may include the likes of Dogecoin and Bitcoin Pepe.

Why is Katie Stockton bullish on Bitcoin?

Stockton’s bullish view on BTC is based primarily on technicals, but fundamental developments do signal further upside ahead as well.

For example, institutional names like BlackRock and JPMorgan are now investing in the crypto asset and are offering it to their clients as well, which is leading to significantly increased market confidence.

Additionally, the expected regulatory clarity under Trump 2.0 and continued commitment of the US President to this space are driving more capital to the digital assets this year as well.

Stockton recommends buying Bitcoin following a confirmed breakout as a rally to $134,000 signals a healthy return of more than 20%.