Bitcoin #BTC seems to be entering a new stage of its cycle, with technical signals and macroeconomic factors pointing to a possible parabolic phase. This bullish trend could extend until October 2025, driven by technical indicators, international trade agreements, and increasing institutional adoption.

Bitcoin has shown a cyclical behavior linked to halvings, events that occur approximately every four years and halve the reward that miners receive for validating transactions. This mechanism, designed to control the issuance of new bitcoins, often triggers acceleration phases in the price known as parabolic phases.

In the last two cycles, the period between the minimum and maximum price lasted exactly 1,064 days, while the first cycle extended for 1,148 days.

In the current cycle, which began after the halving in April 2024, the price has not yet reached 1,064 days, suggesting there could be room for a rally until October 2025. On its part, the parabolic phase is characterized by a pronounced acceleration in price. However, with an RSI far from overbought levels and macroeconomic catalysts at play, the bullish scenario appears solid. Inflation, the Federal Reserve's decisions, and the ability to surpass the historical high of $109,000 will be key factors to monitor.