Bitcoin trades within a tight range, currently supported at $107,876 and capped by resistance at $109,574.
Chart comparison shows the 2021+ cycle aligns closely with 2017’s structure, with gains now exceeding 100% since the 2022 lows.
Historical chart projections suggest a potential market top in six months, based on patterns from past bull cycles.
Bitcoin is currently trading at $108,969, showing a 0.8% price increase over the past 24 hours. The price remains supported at $107,876 and capped by a resistance level at $109,574. Market participants are now closely watching Bitcoin’s path as it continues to track a historical trajectory that resembles earlier bull runs.
The current chart overlays Bitcoin's price movement in four cycles starting from their respective all-time highs (ATH). The 2021+ cycle, in black, shows Bitcoin going linearly higher with the 2017 and 2013 cycles. According to the pattern depicted, if the trend is sustained at its current pace, the next market top can be formed in six months or so. Market action, however, remains subject to short-term volatility, especially around resistances.
Current Price Action Aligns with Previous Cycle Ranges
Bitcoin’s trading range over the last 24 hours has remained tight, fluctuating between $107,876 and $109,574. The market briefly tested the resistance level, but no clear breakout has formed. Price behavior within this zone reflects ongoing consolidation, which has occurred repeatedly at similar points in earlier market cycles.
The 2021+ cycle continues to align closely with the structure of the 2017 cycle. Both cycles experienced extended periods of sideways movement before accelerating upward in later months. Notably, the comparison chart shows the 2013 cycle gaining significant momentum around the same stage, pushing past the 1,000% mark before its peak. Currently, the black line on the chart indicates Bitcoin is gaining strength but has not yet matched the aggressive ascent seen in the earlier red line from 2013.
Momentum Builds in 2021+ Cycle as Bitcoin Outpaces 2017 Trend
Visual data in the graph indicates that the 2021+ cycle is gathering momentum, especially when compared with the 2017 to 2021 cycle. The blue line in the graph for that cycle flattened out in the same period while the black line was showing the ongoing cycle and continues its upward movement. Though the current pace is still slower than that of the 2013 cycle, it has surpassed the 2017 cycle in the past few months.
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Bitcoin has now recorded a decent rally from its 2022 lows, with already more than 100% obtained. While the price goes up, however, Bitcoin's $109,574 resistance continues to act as a cap. Price action above this level is likely to test short-term strength, especially if volume accumulates in subsequent sessions
Chart Projection Highlights Six-Month Window to Potential Market Peak
The trend on the plot is a past trend in which the market peak would have come about six months later after a similar price trend. The durations of mid-cycle gains to the eventual peak are close in each cycle represented in the graphic 2013, 2017, and 2021+. The most dynamic ascent is marked by the red line of 2013 and is close to a 2,000 percent surge towards its cycle bottom.
The 2017 line peaked closer to 1,300%, while the current 2021+ cycle is approaching the 200% gain mark. If the current price structure continues to follow the timeline shown, the six-month window leading into early 2026 could see critical market developments. For now, Bitcoin holds above $107,876 support, keeping the structure intact ahead of any short-term breakout or rejection at resistance.
