BlockBeats News, May 13th, BiyaPay analyst stated that according to the Bitcoin monthly chart, it may have entered a parabolic uptrend phase. Looking back at history, this phase appears at the end of each Bitcoin cycle, and in the first two cycles, the time span for Bitcoin's price to go from bottom to top was 1064 days, with the first cycle slightly longer at 1148 days. In this cycle, it will not reach 1064 days until October 2025, indicating that the current uptrend may still have room to rise.From a technical perspective, Bitcoin has shown a significant price increase in April and May. At the same time, Bitcoin seems to be breaking out of a bullish flag pattern, with the $109,000 historical high as a key level. On a macro level, trade agreements and Federal Reserve interest rate adjustments could be positive factors. If the U.S. reaches trade agreements with other countries, it can eliminate market uncertainty; if the Federal Reserve lowers the federal funds rate, it will increase market liquidity, both of which could drive up Bitcoin's price.The analyst maintains a price target for this Bitcoin cycle at 10 times the bottom price of the cycle, around $150,000. However, investors should still be aware that Bitcoin price trends are hard to predict entirely, and there is a possibility that it may not break above the $109,000 historical high.As the world's first multi-asset trading wallet, BiyaPay showcases unique value, now connected to 30 fiat currencies and 200 cryptocurrencies for instant exchange. Users can directly participate in the U.S. stock/Hong Kong stock markets by exchanging USD 1:1 with USDT, and enjoy zero fees for digital currency spot/contract Maker trading.