The analysis suggests Bitcoin is currently in an extended cycle, breaking past bull market patterns. Reviewing past bull market durations, 2013 lasted 11 months, 2017 lasted 12 months, and 2020 lasted 13 months. Current bull market has been running for 21 months, since early 2023. Although Bitcoin pulled back from a peak of $123,000, analysts predict it will grind higher to $155,000 by the end of the year, continuing into 2026. It is pointed out that the nature of the new buyers has been changed. If Bitcoin falls below 110000 the analysis is invalidated.