Bitcoin Surges 0.8% to $108,969 Following Historical Bull Run Pattern

Bitcoin is currently trading at $108,969, marking a 0.8% increase over the past 24 hours. The cryptocurrency is supported at $107,876 and faces resistance at $109,574. Market participants are closely monitoring Bitcoin’s trajectory as it follows a historical pattern similar to previous bull runs.

The current price movement of Bitcoin is being compared to four previous cycles, starting from their respective all-time highs. The 2021+ cycle, depicted in black, shows a linear upward trend similar to the 2017 and 2013 cycles. If this trend continues, a potential market top could be reached in approximately six months. However, short-term volatility, especially around resistance levels, could impact this trajectory.

Bitcoin’s trading range over the last 24 hours has been tight, fluctuating between $107,876 and $109,574. The market briefly tested the resistance level but did not break through, indicating ongoing consolidation. This behavior is consistent with previous market cycles, where similar periods of sideways movement occurred before significant upward trends.

The 2021+ cycle closely mirrors the structure of the 2017 cycle, with both experiencing extended periods of sideways movement before accelerating upward. The 2013 cycle, represented by a red line, showed significant momentum around the same stage, surpassing the 1,000% mark before its peak. Currently, the black line indicates that Bitcoin is gaining strength but has not yet matched the aggressive ascent seen in the 2013 cycle.

Visual data from the graph shows that the 2021+ cycle is gathering momentum compared to the 2017 to 2021 cycle. The blue line for the 2017 cycle flattened out during this period, while the black line representing the current cycle continues its upward movement. Although the current pace is slower than the 2013 cycle, it has surpassed the 2017 cycle in recent months.

Bitcoin has recorded a significant rally from its 2022 lows, with gains exceeding 100%. However, the $109,574 resistance level continues to act as a cap. A break above this level could test short-term strength, especially if volume accumulates in subsequent sessions.

The historical chart projections suggest a potential market peak in six months, based on patterns from past bull cycles. The durations of mid-cycle gains to the eventual peak are similar in each cycle represented in the graphic: 2013, 2017, and 2021+. The most dynamic ascent is marked by the red line of 2013, which saw a close to 2,000% 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.