- Bitcoin shows recurring cycle patterns, signaling entry into its final phase before a parabolic move.
- BTC holds strong near $108K support while eyeing resistance between $114K and $116K for the next breakout.
- Historical data and technical structure indicate tightening price action before a potential major rally.
Bitcoin continues to trade strongly while market analysts observe patterns similar to those seen before previous major rallies. Data shows that the cryptocurrency often moves in two key phases before a major upward breakout. Historical records from earlier cycles reveal that Bitcoin could now be in the last stages of its second phase, preparing for what may become a parabolic move.
Historical Cycles Show a Consistent Market Rhythm
According to analysis prepared by Javon Marks, Bitcoin’s long-term performance from 2011 to 2027 follows a clear recurring pattern. Each of its four market cycles begins with a sharp upward wave, followed by a corrective pullback, and then an extended breakout phase.
These cycles seen in 2011, 2015, and 2019 share a similar structure where accumulation and correction phases lead to major expansions. Marks reported that Bitcoin’s current cycle shows the same characteristics once again. The asset continues to consolidate near its upper range while maintaining higher lows and positive momentum.
The histogram data supports this setup, with lower selling pressure and gradual accumulation, similar to previous pre-breakout periods. Bitcoin recently traded near $109,446, up 1.5% in 24 hours, with a market capitalization of $2.18 trillion, based on Coingecko data. The circulating supply stands at 19.93 million BTC, close to the total limit of 21 million, ensuring continued scarcity.
Technical Data Signals a Push Toward Resistance
According to Kamran Asghar, Bitcoin is holding the support zone near $108,000, showing firm stability after a short consolidation period. The next resistance zone lies between $114,000 and $116,000, which could form the next major target.
The recent series of higher lows shows consistent buyer activity, and the rebound that began on October 17 confirms renewed strength. Asghar stated, “BTC holding the Support Zone opens the path to retesting the $116K Resistance.”
With rising volume, tightening price structure, and consistent market participation, Bitcoin continues to mirror its earlier cycles. Historical rhythm and technical data together indicate that Bitcoin may be entering its final stages before a parabolic move and this time, it’s coming.
