Bitcoin’s price keeps rising and is currently just 11% below its record high of $69,044. It is undeniably reminiscent of a bull market, but how long will this sensation persist? Certainly, the crypto community on Twitter has strong viewpoints. The chatterers believe this cycle will be shorter than before, but there is disagreement among experts. The largest cryptocurrency by market value is currently priced at $61,323, up 43% from last month when it was $42,172 at the beginning of February, as reported by CoinGecko. Crypto has now reached heights not seen since 2021. Patrick Felder, founder and CIO of Prismatic Capital, expressed surprise at how rapidly cryptocurrency has grown in the past four weeks. He noted that these sharp increases often result in 20 to 30% declines in major cryptocurrencies like Bitcoin, but it is impossible to predict when these pullbacks will occur. Felder pointed out that indicators like limited Google searches for Bitcoin, Coinbase’s low ranking in app stores, and altcoins not reaching their peak values suggest that we are in the early stages of a bullish market. The approval of spot BTC ETFs makes this cycle unique. Despite this development, Ro Shirole, co-owner of Saxet Infrastructure Group, believes that the length of cycles will likely remain unchanged. Instead of being lowered, the floor will be elevated this time because there has been a renewed interest from institutions.