The Bitcoin market is sending mixed signals right now. In all these cycles, we've never seen one get suppressed quite like this—liquidity crunches, policy headwinds, macro pressures grinding everything down. But here's the thing: market cycles don't vanish. They compress.

When the pressure finally releases, don't expect Bitcoin to climb steadily. History suggests something different. The compressed cycle tends to explode in a more violent move once the bottleneck breaks. Institutions and retail are both waiting for that inflection point, and when it comes, volatility isn't optional—it's baked in.

The question isn't whether cycles return. It's when the dam breaks and how fast.