The analyst claims that Bitcoin prepared for the Rally 120,000 USD, because Wyckofof

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When Bitcoin (BTC) trades in a distance of all time (ATH) in the amount of USD 108,786, registered at the beginning of this year, several indicators suggest that a continuous stubborn rush may soon move the best cryptocurrency to novel ups.

Bitcoin enters the final phase of Wyckoff accumulation

In a recent post about X, the cryptographic analyst Ted highlighted that BTC entered the final phase of the Wyckoff accumulation pattern. According to pillows, continuous Bitcoin consolidation slightly above 100,000 USD is a “good sign”.

Pillows also indicated that Tether has recently set off an additional $ 2 billion in USDT, which suggests that fresh liquidity may soon enter the digital assets market and escalate its total market capitalization. He predicted that the next Bitcoin leg could drive cryptocurrency above $ 120,000.

shine
Source: Ted on x

In the case of uninitiated, Wyckoffa accumulation pattern is a technical analysis model that represents the period in which gigantic investors collect assets – in this case BTC – at lower prices before a gigantic escalate in growth. It usually develops in stages marked by price consolidation, false failure and a breakthrough initial signaling of stubborn trends.

Another cryptographic analyst Jelle repeated the mood of the pillow. In a separate post on X Jelle, she released another monthly BTC table, suggesting that the leading cryptocurrency is ready to introduce prices when it passes by the current ATH.

Jelle
Source: Jelle on X

BTC can also exploit a cascade of compact liquidation if it removes critical resistance levels. For example, an experienced ALI MARTINEZ analyst identified USD 105,000 as a key price point – an elevation can cause a compact liquidation of USD 23.65 million.

Meanwhile, the Crypto Titan of Crypto analyst drew attention to the fair bitcoin (FVG) between 98,000 and USD 102,000. Commenting on the recent stability of BTC prices, Titan said:

Yesterday many called a much lower price. Once again, #BTC Maintained forceful with a great reaction from a daily gap of fair value. As long as this zone persists, the configuration remains stubborn.

titanium
Source: Titan of Crypto on X

Btc spot etf influences are still growing

Bitcoin is also vision Mighty inflow of the capital of institutional investors. According to data From Sosovalue, BTC Spot (ETF) trading funds attracted $ 2.97 billion in April 2025-they increased from $ 767 million in April drains Recorded in March.

Last year in November Blackrock’s IBIT BTC ETF achieved Main milestone that exceeded the company’s golden fund in the field of net assets. For comparison, the current BTC market cap rises slightly above $ 2 trillion, compared to $ 21 trillion Gold.

In addition, the chain data shows that there are more investors retreat BTC from the exchange, probably waiting for a earnest rally in the coming months. During the BTC press it trades at USD 103,896, which is an escalate of 1.7% in the last 24 hours.

Bitcoin
BTC trades for USD 103,896 on the Daily chart Source: Btcusdt at tradingview.com

A distinguished painting with unmplash.com, charts from X and Tradingview.com

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