We've done 12x since 2020 after being flat for two or three years. I'm not saying you're wrong, but I also know that they can contain it at certain levels for only so long.
Discussion
We’re currently sitting at one of the worst (if not the worst) 4-year CAGRs in bitcoin’s history. ~20%/year
different phase. i don't expect it to last much longer. besides, institutions like Blackrock and MicroStrategy need it to go up at some point. As do large insitutional buyers. so even if it's being contained, it doesn't serve the big buyers to do so long term.