Bitcoin is entering what could be its final bullish wave of this cycle, breaking through a major weekly resistance around $110,000 and now trading at $116,677 (+2.16%). Historically, each breakout from these multi-month consolidation ranges has triggered a powerful parabolic leg — and the current setup looks no different.
Support: ~$110,000 – recently flipped from resistance to support.
Resistance/Target Zone: $130,000 – $145,000.
If Bitcoin follows its past cycle behavior, this final wave could be the most aggressive move of the run, driven by FOMO, institutional inflows, and retail re-entry. However, once this phase completes, a sharp correction historically follows — making it a high-reward but high-risk environment.
This is the stage where euphoria peaks — and where disciplined profit-taking becomes just as important as riding the trend.
