Bitcoin's price action reveals a compelling cyclical pattern that's worth tracking. Over the past two cycles, market tops have consistently formed right along the trendline established during the early phases of the previous bull run. This structural consistency isn't accidental—it reflects how institutional and retail participants often repeat similar decision points across market cycles.

What's notable is that this pattern remains completely intact heading into this cycle. There's been no structural break suggesting a deviation from the established framework. If this trendline resistance holds as expected, the price targets become fairly straightforward to calculate.

Based on this cyclical projection, Bitcoin could realistically reach approximately $300,000 by 2026. This isn't speculation pulled from thin air—it's derived from the technical structure that's proven reliable across multiple cycles. Of course, markets can always surprise, but absent any clear signal of structural failure, the framework suggests staying focused on these levels.