Bitcoin’s Bull Flag Breakout: Fibonacci Targets $136K in 2025 Rally

Bitcoin’s chart just printed the most bullish signal since 2021—and the math backs it up.

The crypto king is forming a textbook bull flag pattern, coiled for a potential 80% surge from current levels. When paired with Fibonacci extensions, the technical setup points squarely at $136,000.

Here’s why traders are loading up:

• The flag’s pole measures a 90% rally from Q1 lows

• Fibonacci 1.618 extension aligns perfectly with the $136K target

• Spot volumes are confirming the breakout—no fakeout here

Of course, Wall Street analysts will dismiss this as ‘voodoo lines’… right up until their quant teams start front-running the move. By then, retail will be left buying the top—as usual.

One question remains: Will this finally be the cycle where institutions admit TA works… or just another ‘unforeseen market anomaly’ in their post-mortem reports?

Figure 1. Bitcoin’s daily price chart with our preferred EW count

Moreover, we viewed the entire setup as a “pay me now vs. pay me later issue, focusing on the risk versus reward: $15000 risk versus $50000 reward. This means we see the forest for the trees: any deeper pullback is still a buying opportunity that will result in increased reward.” Given the round-trip in price and because BTC reached the ideal target zones that were bought, we maintain our Bullish stance.

In fact, Figure 1 shows that a potential Bull flag is forming (dotted black lines), and a breakout above the upper descending trendline targets approximately $136000. This level is exactly at the 100.00% extension of the green W-1, measured from the June 22 low at around $98K, and represents a typical 3rd of a 3rd wave target within a standard Fibonacci-based impulse pattern as shown: gray W-iii of the green W-3.

Thus, the rally from the June 22 low should be the gray W-i, and a brief pullback for the gray W-ii should be one’s final chance to get on the bull train to at least $136K. However, there should be plenty left in the tank from that level, as we WOULD still need the gray W-iv, v, and green W-4, 5 to ultimately and ideally reach $174K, assuming the standard Fibonacci-based path is followed.

This still aligns well with our ideal target range of $164,000 to $216,000 to be reached by year’s end.