- The strongest phase of Bitcoin indicates possible major price increases according to Elliott Wave analysis.
- New Bitcoin market cycles may propel the cryptocurrency to reach levels of $144K according to Fibonacci extensions.
- The Awesome Oscillator together with technical indicators support an ongoing uptrend in the market.
Bitcoin has demonstrated steady market activity which keeps its price between $83,238.78 and $84,492.20 after its recent price increase. Analytical research indicates Bitcoin has potential price growth up to $144,000 until mid-2026 according to expert forecasts.
Bitcoin Rises as Elliott Wave Signals Strong Uptrend
This chart depiction shows Bitcoin is developing its five-wave Elliott Wave pattern while wave (2) finishes and wave (3) builds up its structure. The third wave within Elliott Wave structures stands as the most powerful segment and it usually coincides with present bullish price actions.
Source:(X)
The fractal-based indicator Fractal Trend Detector shows signs for keeping the upward trend alive according to its signal. The recent price movements of Bitcoin continue above important support zones which strengthens market sentiment about the ongoing bullish trend.
Fibonacci Extension and Key Price Targets
The Fibonacci extension places a minimum target at $144,000. In previous Bitcoin cycles historians marked the 1.618 Fibonacci level as a fundamental resistance threshold. Bitcoin might undergo a substantial price surge in the upcoming market cycles that could be followed by a wave (4) corrective period before completing its cycle. The market is expected to experience a last upward movement within wave (5) following this correction until it completes its cycle.
The Awesome Oscillator currently signals a robust upwards momentum phase. The path toward predicted price targets of Bitcoin will fast-track through its breaking points because of growing momentum.
The short-term price volatility of Bitcoin is expected though its structural makeup shows a sustained upward trend. Bitcoin stands to experience a notable market price spike through the combination of existing forecasts which could reach its highest point during mid-2026.
