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Cryptopotato

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Bitcoin’s Current Bull Cycle Is Unlike Anything We’ve Seen Before

  • Bitcoin's current bull cycle is displaying both similarities and differences compared to previous cycles.
  • Unlike past cycles, the current cycle is characterized by repeated abrupt suppressions following strong rallies, possibly caused by intervention from large entities to prevent overheating.
  • Analysts suggest that while the current price action may seem 'boring', it signifies a crucial transition in investor base towards more corporate and institutional holders.
  • Mounting macroeconomic uncertainty coupled with strategic accumulation phase indicates future explosive moves for Bitcoin as it gains acceptance as a balance sheet asset for major entities.

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