Bitcoin’s Bull Run Unstoppable: $136K Target in Sight as Institutional FOMO Heats Up

Bitcoin isn't asking for permission—it's bulldozing toward that $136,000 price target like a hedge fund manager chasing performance fees.

The math doesn't lie

Same logarithmic growth curves that nailed previous cycles now point squarely at six figures. TradFi analysts might still call it 'speculative'—right before quietly allocating 2% of their pension fund.

Liquidity tsunami incoming

With spot ETFs swallowing supply and halving scarcity kicking in, this market's got one setting: up. The 'I told you so' crowd from 2020 are now upgrading their Lambo specs.

Will it be smooth sailing? Never is. But for once, Wall Street's playing catch-up to crypto's reality—not the other way around. Just don't expect them to admit it until after they've front-run your position.

Figure 1. Bitcoin’s daily price chart with our preferred EW count based on a Fibonacci-impulse pattern

Once again, our accurate Fibonacci-based EW analysis provided a reliable and accurate forecast, which our premium newsletter members access daily, ensuring they don’t miss a beat as they don’t have to wait a month for the next insight. Additionally, in our last update, we also showed 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-, 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-of the green W-.”

This bull flag remains active, and its target has not yet been reached. Therefore, we should anticipate more upside after the current multi-day consolidation concludes. Specifically, BTC has completed the orange W-within the gray W-of the green W-and appears close to finishing the orange W-. Once done, the orange W-should target that $136K level.

Besides, there are still only four waves up from the gray W-low, so another MOVE is necessary to complete the gray W-, since impulses involve at least five waves. Our overall target range of $164K to $216K, expected by year’s end, is supported by the 176.4% extension targeting $164913, while the current setup indicates more gains ahead for Bitcoin.