Excerpt from a YouTube discussion analyzing how institutional factors influenced a Bitcoin price cycle. The speaker suggests the cycle may be a mix of dynamics: an early, aggressive run pushed higher by ETFs, followed by a pause or correction possibly caused by tariffs and related events, with a potential recovery phase to follow.
This cycle could be a mix between the two. We started early in a very aggressive way. Then maybe it was too early, mostly because of the ETFs. We were kind of already high relatively to the power law. We were pushed up early. And then the tariffs and other things happen. They kind of stop a little bit at the bull run. Right? That could be an interpretation. We will have to see which one holes. And. And so maybe it's a mix between the two where we started early, then we stop and now we are going to recover.
