{"id":27263,"date":"2025-05-17T05:31:41","date_gmt":"2025-05-17T05:31:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=27263"},"modified":"2025-05-17T05:31:41","modified_gmt":"2025-05-17T05:31:41","slug":"bitcoin-poised-for-120000-rally-as-wyckoff-accumulation-hits-final-phase-analyst-says","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=27263","title":{"rendered":"Bitcoin Poised For $120,000 Rally As Wyckoff Accumulation Hits Final Phase, Analyst Says"},"content":{"rendered":"
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As Bitcoin (BTC) trades within striking distance of its all-time high (ATH) of $108,786, recorded earlier this year in January, several indicators suggest that sustained bullish momentum could soon push the top cryptocurrency to new highs.<\/p>\n

Bitcoin Enters Final Phase Of Wyckoff Accumulation<\/h2>\n

In a recent post on X, crypto analyst Ted Pillows highlighted that BTC has entered the final phase of the Wyckoff Accumulation pattern. According to Pillows, Bitcoin\u2019s ongoing consolidation just above $100,000 is a \u201cgood sign.\u201d<\/p>\n

Pillows also pointed out that Tether recently minted an additional $2 billion in USDT, suggesting fresh liquidity may soon enter the digital assets market and boost its total market cap. He predicted that Bitcoin\u2019s next leg up could propel the cryptocurrency past $120,000.<\/p>\n

\"ted\"<\/p>\n

For the uninitiated, the Wyckoff Accumulation pattern is a technical analysis model that represents a period when large investors accumulate assets \u2013 in this case, BTC \u2013 at lower prices before a major uptrend. It typically unfolds in phases marked by price consolidation, false breakdowns, and a breakout signaling the start of a bullish trend.<\/p>\n

Fellow crypto analyst Jelle echoed Pillows\u2019 sentiments. In a separate post on X, Jelle shared the following monthly BTC chart, suggesting that the leading cryptocurrency is poised to enter price discovery once it breaks past its current ATH.<\/p>\n

\"jelle\"<\/p>\n

BTC could also benefit from a cascade of short liquidations if it clears critical resistance levels. For instance, seasoned analyst Ali Martinez identified<\/a> $105,000 as a pivotal price point \u2013 surpassing it could trigger short liquidations amounting to $23.65 million.<\/p>\n

Meanwhile, crypto analyst Titan of Crypto drew attention to Bitcoin\u2019s Fair Value Gap (FVG) between $98,000 and $102,000. Commenting on BTC\u2019s recent price stability, Titan said:<\/p>\n

\n

Yesterday, many were already calling for much lower price. Yet again, #BTC held strong with great reaction from the daily Fair Value Gap. As long as that zone holds, the setup remains bullish.<\/p>\n<\/blockquote>\n

\"titan\"<\/p>\n

BTC Spot ETF Inflows Continue To Rise<\/h2>\n

Bitcoin is also seeing<\/a> strong capital inflows from institutional investors. According to data<\/a> from SoSoValue, BTC spot exchange-traded funds (ETFs) attracted $2.97 billion in April 2025 \u2013 up significantly from the $767 million in outflows<\/a> recorded in March.<\/p>\n

Last year in November, BlackRock\u2019s IBIT BTC ETF reached<\/a> a major milestone as it surpassed the firm\u2019s gold fund in net assets. For comparison, BTC\u2019s current market cap hovers slightly above $2 trillion, compared to gold\u2019s $21 trillion.<\/p>\n

Additionally, on-chain data shows that more investors are withdrawing<\/a> BTC from exchanges, likely in anticipation of a major rally in the months ahead. At press time, BTC trades at $103,896, up 1.7% in the last 24 hours.<\/p>\n

\"bitcoin\"<\/div>\n","protected":false},"excerpt":{"rendered":"

As Bitcoin (BTC) trades within striking distance of its all-time high (ATH) of $108,786, recorded earlier this year in January, several indicators suggest that sustained bullish momentum could soon push the top cryptocurrency to new highs. Bitcoin Enters Final Phase Of Wyckoff Accumulation In a recent post on X, crypto analyst Ted Pillows highlighted that […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-27263","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27263"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27263\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}