The Ongoing Bitcoin Bull Cycle: A Phenomenon Unseen in Previous Trends

Bitcoin's current bull cycle is undergoing a different trajectory, showing both similarities and differences compared to previous cycles. The 2017 cycle saw steady gains with short corrections, while the 2021 cycle saw an extended correction due to the pandemic before a significant rally.

The ongoing cycle has seen rapid gains followed by sharp corrections, a trend not seen in prior cycles. This pattern seems to be a deliberate effort by large entities to prevent market overheating. Despite this, market observers anticipate the cycle to end with a classic euphoric phase.

The current steady price action marks a significant shift in the investor base from retail speculators to corporate and institutional holders, signaling a strategic accumulation phase. This, coupled with macroeconomic uncertainty, positions the market for future explosive moves.