Bitcoin might be currently trending downwards, but a full fundamental breakdown shows it is ready to return to $120,000, and it is only a matter of time. 

According to an extensive fundamental analysis shared by Mr. Wall Street on X, the recent months of price stagnation and sudden drops are part of a larger accumulation phase dominated by institutional players. The overall setup, he argued, points clearly to Bitcoin’s eventual climb back above $120,000.

Institutional Accumulation And Controlled Bitcoin Price Range

The analyst’s first point is how Bitcoin has been trading within a 120-day range, oscillating between $107,000 and $123,000 to form what is a controlled consolidation range by institutions intended to push out weak retail investors. Mr. Wall Street noted that Bitcoin’s structure remains fundamentally bullish despite the prolonged sideways movement. 

Each attempt to break out above $120,000 strongly or below the $107,000 support has failed, a sign that large institutions are actively controlling liquidity within this narrow band. Every crash within this period, including the one caused by the Binance sell-off and Trump’s tariff war with China, was met by strong institutional bids near the $107,000 zone, even when Bitcoin went on a flash crash to $101,000. 

Therefore, there is no technical or structural weakness that invalidates the bullish thesis. The imbalance to the upside, he added, is sufficient to push Bitcoin back to trading in the $120,000 and $123,000 range, which is the Value Area High.

Mr. Wall Street also tied Bitcoin’s coming surge to changes within the Federal Reserve’s policies. He pointed out that despite claiming to end quantitative tightening, the Fed has quietly injected billions into the banking system through repo operations and mortgage-backed securities purchases. He highlighted a single Friday where $50.35 billion entered the system.

According to him, this liquidity will ultimately find its way into risk assets, including Bitcoin, in a pattern similar to the 2019 monetary response that preceded crypto’s 2020 and 2021 bull run. Although he warned that a fabricated crash could precede the next liquidity wave, this will only strengthen Bitcoin’s long-term position for another move to $120,000 and possibly higher.

Gold And Bitcoin In The Battle For The Real Store Of Value

Mr. Wall Street also called attention to the psychological side of the current cycle, which has been highlighted by some investors gravitating towards gold. He argued that retail investors are being pushed to gold through manipulated narratives of stagflation and economic fear, while institutions quietly buy Bitcoin. “What’s ironic is that the same logic that drives people to buy gold should be making them buy Bitcoin instead,” he said. 

The ongoing gold hype is to distract the public while institutions accumulate Bitcoin at discount levels. Once retail participants exit the crypto market entirely, then there is going to be a move upward that redefines Bitcoin’s price level. 

As he concluded, the boring sideways phase is nearing its end, and the next aggressive move, one that could carry Bitcoin back above $120,000, is only a matter of time. At the time of writing, Bitcoin is trading at $104,200.

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Filed under: Bitcoin - @ November 4, 2025 11:00 pm