Bitcoin is exhibiting recurring cycle patterns reminiscent of those preceding major rallies, with analysts predicting a potential parabolic move. Currently consolidating near $108,000, Bitcoin is eyeing a breakout between $114,000 and $116,000. Historical data from Javon Marks and technical analysis by Kamran Asghar suggest that Bitcoin's current cycle mirrors past patterns, characterized by accumulation and correction phases before significant upward movements. Recently, Bitcoin traded near $109,446, boasting a market cap of $2.18 trillion.