As Bitcoin (BTC) trades within a staggering distance of its all-time peak (ATH) recorded in early January of this year, several indicators suggest that the ongoing bullish momentum may soon push top cryptocurrencies to new highs.
Bitcoin enters the final stage of Wyckoff accumulation
In a recent article about X, crypto analyst TED Pillows stressed that BTC has entered the final stage of Wyckoff accumulation mode. According to Pillows, Bitcoin’s continued merger is just above $100,000, which is a “good sign.”
The pillow also noted that Tether recently caused an additional $2 billion in USDT, suggesting that new liquidity could soon enter the digital asset market and increase its overall market capitalization. He predicts that Bitcoin’s next leg could push cryptocurrency over $120,000.
For beginners, Wyckoff’s accumulation model is a technical analysis model representing a period when large investors accumulate assets at lower prices (BTC in this case). It usually unfolds with the stages of price consolidation, false collapses and breakthroughs indicating the beginning of a bullish trend.
Crypto analyst Jelle responded to the pillow’s point. In another post on X, Jelle shares the next monthly BTC chart, which shows that once you get past the current ATH, the leading cryptocurrencies can enter price discovery.
If BTC clears the critical resistance level, BTC can also benefit from a series of short-level liquidations. For example, experienced analyst Ali Martinez identified $105,000 as a key price – exceeding it could trigger a brief liquidation, totaling $23.65 million.
Meanwhile, cryptocurrency cryptocurrency cryptocurrency analyst Titan draws attention to the fair value gap (FVG) of Bitcoin between $98,000 and $102,000. Titan comments on BTC’s recent price stability:
Yesterday, many people have called for lower prices. again, #BTC The daily fair value gap was strongly responded. As long as the area is established, the setting is still optimistic.
BTC spotted ETF inflow continues to rise
So is Bitcoin See A large amount of capital inflows from institutional investors. according to data From Sosovalue, BTC Spot Exchange Traded Fund (ETF) attracted $2.97 billion in April 2025, up from $767 million Leak out Recorded in March.
Last November, BlackRock’s IBIT BTC ETF arrive This is a major milestone as it surpasses the company’s net asset gold fund. For comparison, BTC’s current market value hovers over $2 trillion, while Gold’s $21 trillion.
In addition, Chain Link data shows that more investors are quit BTC comes from exchanges and may be a major rally expected in the coming months. At press time, BTC traded at $103,896, up 1.7% over the past 24 hours.
Featured images from Unsplash.com, charts from X and TradingView.com
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