- EGRAG Crypto charts Bitcoin entering its final structured cycle phase.
- Bitcoin ETFs attract $88.1M inflows after days of heavy outflows.
- Merlijn The Trader predicts a breakout pattern similar to Bitcoin’s 2024 rally.
Bitcoin analysts continue to highlight signals that suggest the market may be approaching a decisive stage. Analyst EGRAG Crypto stated that Bitcoin is entering its “ending phase.” He presented a chart outlining a structured wave pattern made up of five stages.
He presented a chart outlining a structured wave pattern made up of five stages. According to him, the cycle progressed through 365 days followed by a 396-day phase.
EGRAG explained that this sequence brings Bitcoin into the final leg of the cycle. He noted that the chart points to a marked target zone well above current levels.
The analyst has maintained this outlook for months, reiterating that the structure remains intact despite recent volatility. He described the stage as consistent with his long-standing projection and emphasized patience by stating that “time will tell.”
Bitcoin ETFs Record Renewed Buying Activity
Bitcoin exchange-traded funds reported $88.1 million in net inflows on August 26. This marks the second consecutive day of buying, following six days of heavy outflows. The inflows come after several weeks of market volatility and large withdrawals earlier in the month.
Market strategists observed that renewed institutional buying could signal easing selling pressure. One strategist commented that if inflows persist, they may confirm stabilization in sentiment. The shift is being closely monitored as ETFs reflect the positioning of larger investors in the Bitcoin market.
Merlijn The Trader Sees Setup for Breakout
Analyst Merlijn The Trader compared Bitcoin’s current setup to early 2024 price action. At that time, Bitcoin fell below the 100-day moving average before rallying above $60,000. He highlighted that charts in 2025 now show a similar sweep below key support levels.
According to his view, this pattern often acts as a fakeout to shake weaker positions before a stronger rally begins. He added that the structure indicates potential for a breakout aiming at higher levels.
His analysis concluded that the move is “designed to make you rich,” stressing that the setup aligns with Bitcoin’s historical behavior.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
