Bitcoin’s Final Sprint to $109K—Hope or Hype?
Bitcoin teeters on the edge of a historic breakout—or a brutal reality check. The $109K target flashes like a neon sign in a crypto casino, but seasoned traders know the house always wins eventually.
### The Bull Case: Charts Scream ‘Moon’
Technical indicators align like stars for a parabolic rally. Liquidity pools cluster around six figures, and institutional FOMO lurks. Yet every ATH whispers: ‘This time is different.’ Spoiler—it rarely is.
### The Bear Trap: Gravity Exists
Macro headwinds could gut momentum faster than a Lehman Brothers fire sale. When Wall Street’s algo-traders smell blood, retail gets the knife. Remember: your ‘generational buying opportunity’ is their exit liquidity.
### The Bottom Line
Whether Bitcoin punches through or gets punched down, one truth remains—the only people making guaranteed money are the ones selling shovels in this gold rush. Place your bets accordingly.
As discussed last: “Triangle, tTriangle… up above the sky!”
In our previous update, we highlighted aforming between, anticipating a breakout toward thezone.
That played out well — Bitcoin rallied to, just shy of the 98K mark.
As expected, it faced resistance and pulled back again holding the important support range.
This zone aligned exactly as expected — acting as the bounce pad.
Importantly, bitcoin respected:
- Wave-E low: ~92,850
- Wave-A low: ~91,669
5 Waves from the Bottom of 74-75K to 107K - What an amazing rally.
Bounce from 90-92K Zone
From the Wave-E lows of, Bitcoin has bounced sharp upside to 105K forming Wave 3 in Yellow Wave count upside and later unfolded a triangle in Yellow Wave-4 bottoming at 102,586.
However, this rise towards 107,183
The important zone - 100-102K
Holding 100K–102K keeps the bullish setup alive. But if this zone breaks down, we should prepare for a deeper pullback toward 90K–92K. If that fails, the next key support is seen at 86K–88K.
Key Bitcoin levels
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92,853 – Important low (Wave-E).
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107K–109K – Critical target/resistance zone.
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100K–102K – Support to hold for bullish continuation.
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90K–92K – Deeper support.
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86K–88K – Breakdown level if 90K fails.
White Waves Is it done at 107,183 Highs - 19th May 2025
Conclusion
Bitcoin followed the triangle breakout exactly as projected — rallying, pulling back, and bouncing again - all unfolding an impulsive 5 Yellow Wave Count.. & Even 5th Unfolded in WHITE Wave Count further...
But the next few sessions are critical:
- If it falls below 100-102K zone, a dip toward 90–92K zone is most likely to unfold & provide next support.
- Falling below 90-92K Zone…We look for 88K as next support.
Stay tuned ascontinues to track this unfolding structure.