if you look at the price development chart of the last two years, the beginning of the year always starts with a weakening price as if bitcoin will be destroyed, what I question is whether the pattern will return and continue to recur in the current year and the next few years?
That could be consider as a life cycle of crypto and definitely it would come such time but it doesn't mean that it's price will literally the same before. We experience dump at the start of this year and it could be possible to happen again early next year.
The most problem from others is they always compare the last year performance of bitcoin. So many changes happen in crypto market and it might more changes will happen today this year. The price from last year may differ from last year or may overpass it's price. Well we will know again what be the actual price this year ends so let's see.