The analyst says Bitcoin is preparing at $ 120,000 with a Wyckoff taught stage.

With Bitcoin (BTC) trading at an amazing distance of its highest level (ATH) of $ 108,786, it was recorded earlier this year in January, many indicators indicate that the continuous upward budget can soon push the cryptocurrency to its highest new levels.
Bitcoin enters the final stage of Wyckff accumulation
In a recent post on X, TED BADOWS highlighted that BTC entered the last stage of Wyckoff. According to the pillows, the continuous Bitcoin uniformity is just above $ 100,000 with a “good sign”.
The pillows also indicated that Tether recently made an additional $ 2 billion in USDT, indicating that new liquidity may soon enter the digital asset market and enhance the total market ceiling. He expected that the next bitcoin leg could pay the cryptocurrency after $ 120,000.

For beginners, the WyckFF accumulation pattern is a technical analysis model that represents a period in which adult investors accumulate assets – in this case, BTC – at lower prices before the main bullish direction. It usually reveals stages characterized by uniformity of prices, misconceptions, and an explanation indicates the beginning of the upward trend.
The code of the encryption analyst, Jelly, chanted the pillow’s feelings. In a separate publication on X, Jelle participated in the following monthly BTC scheme, indicating that the leading cryptocurrency is ready to enter the discovery of prices as soon as you exceed the current ATH.

BTC can also benefit from a series of short qualifiers if critical resistance levels are wiped. For example, the experienced analyst Martinez It was identified 105,000 dollars as a pivotal price point – it may exceed a short liquidation of 23.65 million dollars.
Meanwhile, Crypto’s Titan encryption analyst drew attention to the fair value of Bitcoin (FVG) between $ 98,000 and $ 102,000. Commenting on the last price stability in BTC, Titan said:
Yesterday, many were already calling for a decrease in its price. once again , #BTC Strongly held with a large reaction of the daily valuable daily gap. As long as that area holds, the preparation remains optimistic.

ETF Spot Spot flows continue to rise
Bitcoin is also vision Strong capital flows from institutional investors. according to Data From Sosovalue, the BTC Exchange (ETFS) attracted $ 2.97 billion in April 2025-a significant increase of $ 767 million in External flows Registered in March.
Last year in November receipt A major milestone sign exceeded the gold company fund in net assets. For comparison, the current BTC market cover hovers slightly higher than $ 2 trillion, compared to $ 21 trillion of gold.
In addition, data on the series show that more investors Withdrawal BTC of stock exchanges, probably in anticipation of a large gathering in the coming months. At the time of the press, BTC is trading at 103,896 dollars, an increase of 1.7 % in the past 24 hours.

Distinctive image from Unsplash.com, plans from x and tradingview.com

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