Bitcoin News Today: Bitcoin Surges 106% as Final Wave Gains Momentum, Driven by Retail and Institutional Frenzy

Bitcoin’s historical price cycles often culminate in explosive final waves, a pattern that has drawn attention from investors and analysts as the cryptocurrency approaches what could be its most critical phase yet. Historical data from the 2013, 2017, and 2021 bull runs show that Bitcoin’s last rally before major corrections typically delivers the steepest gains, driven by a surge in retail investor participation, public hype, and institutional interest. In 2017, for instance, Bitcoin surged from $6,000 to nearly $20,000 within weeks, while the 2021 cycle saw it jump from $30,000 to an all-time high of $69,000 in months. These late-stage surges, however, are often followed by sharp corrections, underscoring the volatility inherent in Bitcoin’s final wave [3].

Recent market dynamics suggest a potential repeat of this pattern. A wave count analysis from July 2025 posits that Bitcoin could avoid significant corrections until $164,000 and potentially peak near $237,200 as its current cycle nears its end [1]. This aligns with broader volatility observed in July, including a dip below $115,000 that triggered $130 million in long liquidations across exchanges [2]. Analysts note that consolidation near historic highs may signal an "explosive continuation," though sideways movement complicates timing for investors [3]. A $23.7 million whale bet placed in late July further reflects confidence in Bitcoin’s long-term trajectory [2].

Bitcoin’s market dominance remains a key factor. As of July 2025, it holds a 60.5% share, far outpacing Ethereum’s 11.7% [4]. However, emerging altcoin narratives, such as speculative interest in LSD tokens, are beginning to challenge its primacy [5]. This dynamic raises questions about whether Bitcoin’s final wave will unfold in isolation or amid a broader realignment of crypto markets. Bitwise CIO Matt Hougan recently argued that the traditional four-year crypto cycle is obsolete, citing weakened historical drivers and the possibility of sustained growth beyond periodic patterns [6]. While this perspective contrasts with more cyclical forecasts, both agree that Bitcoin’s 2025 trajectory will likely defy conventional models.

The macroeconomic context adds complexity. Bitcoin reached $120,000 in late 2024 amid U.S. political shifts but has since faced a less straightforward performance in 2025 [7]. Competing narratives, such as Peter Schiff’s assertion that gold is outpacing crypto [8], highlight the challenges of maintaining Bitcoin’s momentum in a market increasingly influenced by traditional assets. Analysts emphasize that Bitcoin’s ability to sustain liquidity above $115,000 will be pivotal in determining whether the "final pump" manifests as a controlled surge or a chaotic crash [2].

Investors navigating this phase must balance optimism with caution. While late-stage entries can yield extreme gains, they also carry heightened risks due to the influx of momentum traders, retail FOMO, and institutional activity. Proper risk management, market cycle awareness, and emotional discipline are critical as Bitcoin potentially enters its most decisive phase.

Sources:

[1] [Bitcoin Price Is Down 3% Today but a Strong Recovery Imminent] https://www.ccn.com/analysis/crypto/bitcoin-btc-price-is-down-strong-recovery-imminent/

[2] [Bitcoin Grabs $115K Liquidity as Whale Bets $23.7M on] https://www.binance.com/en/square/post/27419717429130

[3] [Will Bitcoin Surge Higher—Or Is This the Final Pump Before the Crash] https://medium.com/@tonykenler/will-bitcoin-surge-higher-or-is-this-the-final-pump-before-the-crash-7908e8796926

[4] [Bitcoin Remains the Most Dominant Cryptocurrency] https://www.binance.com/en/square/post/27443046720394

[5] [The LSD Narrative Has Been Surging in Recent Days] https://www.facebook.com/photo.php?fbid=728560490057162&set=a.130****63246274&type=3

[6] [Bitwise CIO Declares “Four-Year Crypto Cycle Is Dead”] https://cryptonews.com/news/bitwise-cio-declares-four-year-crypto-cycle-is-dead-is-a-steady-record-breaking-boom-next/

[7] [Bitcoin Price Reaches $120k] https://www.reddit.com/r/Infographics/comments/1m8g8mf/oc_bitcoin_price_reaches_120k/

[8] [Peter Schiff Just Dropped a Bombshell: Gold About to Leave] https://m.economictimes.com/news/international/us/peter-schiff-just-dropped-a-bombshell-gold-about-to-leave-crypto-in-the-dust/articleshow/122907169.cms