Bitcoin’s long-term uptrend remains robust, yet analysts suggest that the four-year cycle may curtail the potential for another parabolic rally. TradingShot indicated that despite Bitcoin's historical patterns leading to significant price surges after breaking above certain zones, the current cycle lacks similar breakouts. Following the market's bottoming in November 2022, Bitcoin has maintained an upward channel but hasn't mirrored past cycles' explosive growth. Analyst Rekt Capital believes that Bitcoin may only have a few months to peak in price, particularly around October, which is a typical timing after previous halving events. Although Bitcoin's price hovers close to its all-time high of $111,970, traders remain hopeful for further gains. There are indicators suggesting a price consolidation phase before a potential upward leg toward new targets, with some analysts highlighting technical formations that signal bullish momentum.

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