Bitcoin charts and market cycle history suggest a short-term push of 15% to $138,000
Bitcoin seems poised for an extended rally up to $138,000, according to market cycle history and the current weekly trend.

Market Analysis
Key Points:
Bitcoin closed its highest weekly candle at $119,310, then rose to $123,100.
The NAV premium for short-term holders, at 16%, indicates moderate interest, well below FOMO levels.
Spot Bitcoin ETFs have entered a strong buying regime after last week’s second-largest capital inflow in a single day, at $1.18 billion.