edblock on Nostr: With regard to Bitcoin mining, bear in mind that the cycles are not the same. It is ...

With regard to Bitcoin mining, bear in mind that the cycles are not the same. It is possible to see a clear change in the type of holders. Large institutions are the major players now.

That’s the key distinction of this current cycle. We’re no longer in a market driven purely by retail speculation or short-term hype. The presence of institutional holders, corporate treasuries, and ETF flows has reshaped Bitcoin’s market structure entirely.

What we’re witnessing is a gradual institutionalization of conviction: Bitcoin being treated less as a trade and more as a strategic reserve asset. This shift naturally brings lower volatility, deeper liquidity, and a steadier price discovery process.

In other words, the narrative has matured — from “get rich quick” to “preserve value long term.” That evolution is precisely what makes this cycle fundamentally different from every one before it.

#Bitcoin #PlanB