- Bitcoin has entered the Wyckoff markup phase after springing from $106400 and holding firm above $118000 support.
- Golden Cross and Wyckoff phase progression signal a push toward resistance zones at $125000 and $140000.
- With liquidity between $140000 and $165000, Bitcoin may continue climbing if volume and structure remain strong.
Bitcoin is currently trading at $118094 as market structure points toward a Wyckoff reaccumulation phase with future targets at $165000. The price action aligns with historical Wyckoff schematic patterns, signaling a probable continuation of the ongoing macro bull cycle. Multiple milestones have been identified, including a Golden Cross and spring event marked on April 6.
Wyckoff Model Shows Accumulation and Markup Phases
The chart displays a clear Wyckoff reaccumulation structure beginning in 2024. Key stages including the Automatic Reaction (AR), the Spring, and Markup have already played out. Bitcoin passed through a Wyckoff Accumulation in early 2025 and is now entering a second markup phase based on the model overlay.
The April 6 Spring marks the lowest point of the correction, followed by a breakout supported by the Golden Cross. The price continued upward into the Automatic Reaction phase, which has since transitioned into the current markup zone. During this period, market behavior aligns with Wyckoff’s Phase D, indicating supply has been absorbed.
This progression suggests price discovery is underway. The pattern predicts a gradual rise 9toward $125000, $140000, and eventually $165000 if the accumulation range holds. The breakout above the Automatic Reaction confirms that the market has entered a new bullish leg.
Key Price Levels and Liquidity Zones Ahead
Bitcoin’s chart outlines key resistance zones at $125000, $140000, and $165000. The current markup phase appears guided by global liquidity, as visualized by the red and green overlay. That liquidity band implies institutional involvement or broader market participation is returning to the crypto space.
The price level of $106400 represents the lowest key support from the reaccumulation zone. Above this, the Automatic Reaction zone around $118000 is now acting as strong support. With this foundation, the next critical test lies at $125000.
As Bitcoin trades upward, the area between $140000 and $165000 becomes the most important liquidity region. This range is where global market participants may look for exits or additional buying opportunities. If the price maintains strength above $140000, a move to $165000 could follow with reduced resistance.
These levels reflect not only historical price memory but also align with technical projections based on the Wyckoff schematic. Traders tracking these phases look for confirmations through volume, trend strength, and resistance flipping into support.
A pivotal question emerges: Can Bitcoin maintain the current markup pace and reach the $165000 zone before a new distribution cycle begins?
Technical Structure Confirms Phase Progression
The accumulation schematic included in the chart provides context for each labeled phase. The structure mirrors the current Bitcoin chart closely, especially through Phases C, D, and E. The Golden Cross and Spring are typical signals seen before a breakout.
The Wyckoff events suggest that Bitcoin is now in the final stages of Phase D, entering Phase E of markup. Price has moved consistently upward from the spring, validating the bullish outlook. The current trend appears supported by strong hands absorbing supply and pushing price higher.
The label “Wyckoff ReAccumulation 2024” indicates that the previous phase was not distribution but a controlled consolidation. That base has fueled the latest leg higher, supported by organic demand and clear liquidity zones. As price approaches resistance, buyers will monitor for potential signs of climax or reversal. Until then, each step aligns closely with the expected Wyckoff schematic roadmap.
