After reading this post again, are you doing the brake bleeding by yourself? Or do you have a helper?
You should have two people performing this task, one pressing and holding down the brake pedal, then opening the bleeder, then close the bleeder while the pedal is still down, then pump and hold down and repeat the process. What I read, it sounded like you were trying to do this by yourself… just asking. If you are doing this by yourself, then you’ll keep pulling air around/ through the bleeder because your not sealing off the system at each pressure change. Teflon tape should never be used around the bleeder.
I also wanted to make sure that your bleeder is facing up.. I heard of some trying to bleed their system with the bleeder facing down. I don’t want to come across as being condescending, just trying to cover all angles to help resolve the issue.