- Bitcoin is in its third corrective phase since 2023, setting the stage for potential liftoff.
- A breakout above $100K could trigger Bitcoin’s next parabolic surge, targeting $130K in the near future.
Bitcoin’s [BTC ($83,814.30)] price action has always been a fascinating study for traders and investors, especially when it comes to identifying cyclical patterns.
Since the start of its bullish rally in early 2023, Bitcoin has entered its third corrective phase, resembling the pullbacks seen during the summers of 2023 and 2024.
These corrections have historically followed a predictable pattern, driven by shifts in key market metrics.
If history repeats itself, Bitcoin could remain in a range between $80K and $100K for the next 2-3 months. A decisive breakout above $100K could signal the end of this correction and the beginning of another parabolic surge.
The nature of Bitcoin’s bullish cycles
A Bitcoin bullish cycle follows a recurring pattern: rapid expansion phases, followed by multi-month consolidations.
These corrective periods, while often seen as short-term declines, serve as necessary resets, allowing markets to absorb gains before conti…
