Bitcoin followed Wyckoff’s model with a $62K spring and now eyes $125K after passing the $106K breakout.
A Golden Cross formed as the markup phase began on June 6 with resistance levels cleared above $111K.
The Wyckoff pattern shows Bitcoin is in Phase D now and Phase E may lift it above $124555 soon.
Bitcoin is entering the final Wyckoff Accumulation phase, with a projected price target of $125,000 based on current chart structure.
According to a chart shared by analyst Marty on June 17, 2025, Bitcoin appears to be tracking the classic Wyckoff Accumulation schematic. The cycle began around February and now suggests a transition into the markup phase, following what is marked as the “Spring” event on April 6. The analysis points to $106,400 as a key breakout level, with the next projected peak near $125,000.
Source: X Wyckoff Model Tracks Spring to Markup Progression
The Wyckoff Accumulation cycle visible in the chart divides price action into key phases: A through E. April 6 is labeled as the “Spring,” a phase typically known for shaking out weak hands before upward movement. Bitcoin’s subsequent climb from $78,255.49 toward $106,400 indicates the start of Phase D — Automatic Rally.
The breakout point of $106,400 is aligned with past resistance, now flipped into support. A Golden Cross structure also appeared on the chart between early May and June, confirming long-term bullish momentum. Following this crossover, a marked uptrend began on June 6, aligning with Wyckoff’s markup phase.
Additional resistance areas are noted near $111,965.80 and $124,555.70. These levels match prior highs and are situated along projected path lines drawn from the accumulation schematic. The chart suggests price could reach $125,000 by July, barring unexpected deviation.
Historical Schematic Shows Structural Similarity
An inset diagram at the bottom of the chart compares Bitcoin’s current structure with Wyckoff’s Accumulation Schematic #1. The visual alignment includes preliminary support (PS), selling climax (SC), automatic rally (AR), and spring phase. These elements map cleanly to Bitcoin’s movement from February through June.
Phase A began with a visible drop into a low of $62,800.25. That marked the selling climax and preliminary support range. Phase B, which is known for volatility and consolidation, occurred throughout March and April with repeated tests near $78,000.
Phase C involved the Spring on April 6, where price dipped before sharply recovering. The recovery triggered a shift to Phase D, now underway. If this model continues, Phase E — the breakout and rally phase — is expected to target a move past $125,000.
The use of Wyckoff structure gives analysts a pattern-driven framework for anticipating price behavior. It has been widely applied across financial markets due to its focus on supply, demand, and institutional accumulation.
Could FOMC or Legislation Fuel the $125K Target?
The chart’s creator noted that policy developments, such as the GENIUS Act or FOMC decisions, could serve as external triggers.
He referenced that macroeconomic narratives often act as catalysts during markup phases. In this case, a scheduled event or news release may align with the technical breakout. The timing of the markup on June 6 and current narrative discussions may not be coincidental.
If Bitcoin maintains momentum above $106,000, the $125,000 projection may become self-fulfilling due to technical and narrative convergence. With prior resistance zones already cleared, new buyers may accelerate upside continuation.
