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#Bitcoin has yet to experience a truly explosive growth cycle.
Compared to performance since the bottom of the cycle, the current cycle is the slowest-growing cycle in Bitcoin's history.
This also means:
- No parabolic surge like in previous cycles.
- No extended FOMO phase.
The current price is still below its all-time high (ATH) and is mostly a correction after the initial surge.
If the 4-year cycle is still in effect, this is most likely just a re-accumulation process to prepare for the next expansion phase, rather than the end of a bull market.
For the first time in history, $Bitcoin is entering the post-halving phase without establishing a significant growth spurt. This is what makes this cycle different.