I personally believe the pattern will break… to the upside.
The technology adoption s-curve typically accelerates mid way through the process.
Now institutional interest may be arriving just as coins available on exchanges are increasingly scarce. There may be monetary breakdowns across the world that will drive more bitcoin adoption.
Many people will expect a halving cycle like prior ones but the market is wily and always does something unexpected.
I’m guessing the pattern will break by a large parabolic move higher than prior cycles. Maybe we’ll see 20x — $300k or higher.