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Benzinga
Benzinga
Business
Khyathi Dalal

Bitcoin To Hit $135,000 By Year-End, Says Katie Stockton, But Don't Mistake It For Gold

Bitcoin,Cryptocurrency,Coin,With,A,Gold,Bullion,Bar.,Investment,Concept

While many investors see a strong correlation between gold (NYSE:GLD) and Bitcoin (CRYPTO: BTC), Katie Stockton, founder and managing partner at Fairlead Strategies, has a different opinion.

What Happened: In a CNBC Squawk Box interview on Tuesday, Stockton noted that while the S&P 500 is up about 11% year-to-date and nearly 30% since its Liberation Day lows, recent pullbacks should be seen as healthy resets, supported by the 20-day moving average.

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