Bitcoin shows strong support near $108,000 while simultaneously exhibiting tightening price action and rising trading volume, suggesting it is nearing the final stages of its cycle before a potentially significant breakout. Market analysts are closely watching resistance between $114,000 and $116,000 for a major upward move. Historical data indicates Bitcoin often follows a recurring pattern of two phases leading to a massive bullish rally. 2011, 2015, and 2019 saw similar cycles with accumulation and correction phases preceding major price expansions. This pattern is now being reflected in the current market trend as Bitcoin consolidates near its upper range while maintaining higher lows and positive momentum. Javon Marks highlights a consistent market rhythm observed from 2011 to 2027, with each cycle beginning with an upward wave followed by a pullback before ending with a breakout. The current cycle shows similar characteristics, further strengthening the likelihood of a significant rally. Kamran Asghar notes that Bitcoin is currently holding support near $108,000 and is poised to break through resistance between $114,000 and $116,000. The high trading volume coupled with this support suggests further bullish momentum is building as it may be preparing for a major move. Bitcoin’s market behavior closely mirrors past cycles, and the current trend points towards a potential parabolic move in the near future.