- Bitcoin’s March and April price movements show classic Wyckoff accumulation patterns signaling big investor preparation for a sharp rally.
- The V-shaped recovery from $53,661 to $94,213 suggests Bitcoin is nearing the end of the accumulation phase with a potential push to $97,000.
- Market manipulation to shake out weak holders benefits large investors, driving Bitcoin’s price higher toward the $97,000 mark by early May.
According to Wyckoff Accumulation patterns, the price actions of Bitcoin in March and April 2025 are heavily indicative of extreme market manipulation by bigger market players. As of April 27, 2025, Bitcoin is trading at the price of $94,213.31 and has bounced up from a low of $53,661.89. The bounce indicates that the price might continue to push higher toward $97,000 in the coming weeks, according to MartyParty’s Wyckoff evaluation.
Wyckoff Accumulation Analysis: Phases of Bitcoin’s Price Movement
The price of Bitcoin dropped sharply from $105,000 in February to under $80,000 at the start of March. The downward trend extended until the low of $53,661.89 in late March. However, Bitcoin entered into a consolidation phase and prices began to increase once more above $90,000 in April. This is according to the Wyckoff Accumulation theory, which focuses on the asset accumulation process before a markup in price.
The data outlines key price levels, including a reference point at $78,332.24 and additional markers at $90,540.59 and $95,759.28. These levels are crucial for understanding Bitcoin’s current market phase. The price movement follows a classic V-shaped recovery, suggesting that Bitcoin could be nearing the end of the accumulation phase.
Future Price Projections and Wyckoff Markup
The gold line labeled “Markup,” signals the potential upward price trajectory. According to the forecast, by May 1, 2025, the price of Bitcoin can increase to almost $97,000. This upward trend is consistent with the Wyckoff schematic, which shows that big investors have built up holdings and are now getting ready for a price spike.
Besides the technical analysis, market observers should note that the price movement is designed to shake out weaker holders. This manipulation ensures that only strong investors remain, potentially driving prices higher. Hence, the manipulation benefits large investors while causing pain for those speculating against the market.