Bitcoin & Ethereum: Expert Predictions Reveal Potential for Further Growth

The cryptocurrency market has seen notable price fluctuations in recent days. While Bitcoin (BTC) briefly surpassed $122,000 on July 14th following a strong climb above $120,000, it has since retreated below that level. Despite the dip, analysts remain optimistic about the future of both BTC and Ethereum (ETH). FxPro senior analyst Alex Kuptsikevich predicts that Bitcoin’s price could continue to rise towards the range of **$135,000-$138,000**. He attributes this potential growth to the breaking through the $120,000 technical barrier and a major altcoin rally. Meanwhile, Bitfinex analysts highlight the dependence on upcoming US Consumer Price Index (CPI) data for Bitcoin’s future trajectory. They warn that unexpected high CPI figures could trigger selling pressure. On the Ethereum front, Kuptsikevich also offers a positive outlook. With ETH having surged over 21% in the last seven days and 45% in the past thirty days, he believes a new all-time high is likely within reach in the coming days. It’s worth noting that this information is for informational purposes only, and does not constitute investment advice.**

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