Bitcoin’s Rally Nears Climax as Analysts Target $130K Breakout

Bitcoin’s parabolic surge shows signs of entering its final act, with technical analysts flagging the $130,000 level as the ultimate resistance test. The king crypto’s 2025 bull run—fueled by institutional adoption and ETF inflows—now faces its make-or-break moment.

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Although the resistance at $130,000 could mark a temporary ceiling, the outlook isn’t entirely bearish. MasterAnanda pointed out that if Bitcoin experiences a mid-cycle correction around the $150,000 to $160,000 range, it could open the door for a final surge that pushes the asset as high as $220,000 before the bull cycle concludes. He projects the market could remain in bullish territory until November, giving traders several more months of potential upside—barring an earlier correction.

Meanwhile, another analyst known as Thescalpingpro offered an even more ambitious target. Drawing on historical price behavior and Fibonacci extensions, he forecasted a possible cycle peak at $207,701. In the last major rally, Bitcoin topped out NEAR the 3.618 Fibonacci extension, a level he believes could again serve as a terminal point. Currently, BTC is trading below the 1.618 extension, with the 2.618 level near $154,500 as the next significant resistance to watch.

Both analysts emphasize that while the upward trend remains intact for now, the road to higher prices may be narrower than it appears—especially as Bitcoin tests historic resistance zones that could either cap or catapult its next move.