Bitcoin News Today: Bitcoin's Bull Cycle Gains Steam: Technical Signals and Institutional Bets Point to $160K by 2027

Bitcoin's bull cycle remains intact despite ongoing volatility, with top financial analysts and institutional investors forecasting a continuation of the upward trend into 2026 and beyond. While short-term fluctuations are expected to persist, technical analyses and market patterns suggest the cryptocurrency could break through key resistance levels, potentially reaching $125,000 to $160,000 by early 2027. These projections hinge on the resolution of current corrective phases and the formation of a robust price base in the coming months.

The market's resilience is underscored by Elliott Wave theory, which has historically aligned with Bitcoin's cyclical behavior. Analysts note that the asset has completed seven upward waves since 2014, a pattern that typically precedes the formation of at least two additional waves. This framework implies the current correction-characterized as a complex Wave IV-will eventually give way to a new impulse wave, extending the rally. One executive explained that "once that base has fully formed, the rally will continue into the end of 2026/beginning of 2027 with a target of $145,000 to $160,000," emphasizing that a sustained close above $93,381 by year-end 2025 would validate the bullish outlook.

Technical indicators further support this narrative. Bitcoin's daily MACD has reached its lowest point since 2021, a historical inflection point associated with significant upside potential. Historical data shows that similar MACD troughs in May 2021 and March 2025 were followed by gains of 96% and 60%, respectively, despite modest downside risks of 14% and 3%. This asymmetry suggests that while prices may dip to around $74,000 in the short term, the path of least resistance remains upward.

However, volatility is expected to intensify before the market consolidates. Institutional investors caution that "directionless volatility" could dominate through early 2026, with support levels likely forming between $71,000 and $80,000. A breach below $74,000 would heighten the risk of a deeper correction, though long-term bulls argue this is unlikely to derail the broader bull cycle. One strategist noted that "unless BTC breaches the March 2024 high of $74,000, there's no real threat of a drastic sell-off," adding that dips could attract further institutional buying.

Long-term price targets vary but converge on a multi-year high. While some models project a 2025 peak of $168,000, others suggest a more gradual ascent to $164,000 by early 2026. These estimates are influenced by both technical patterns and macroeconomic factors, including the growing institutional adoption of Bitcoin-backed lending. Tether's recent investment in Bitcoin-backed loan provider Ledn, for instance, highlights the sector's resurgence, with crypto loans surpassing $1 billion in originations this year.

As the market navigates this phase, investors are advised to remain cautious yet optimistic. The interplay of Elliott Wave dynamics, MACD signals, and institutional activity points to a scenario where Bitcoin's bull cycle extends beyond initial expectations, with price action likely to test and potentially exceed prior all-time highs in the next 12–18 months.