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.