I agree with the statement that the ETF and institutional involvements in bitcoin will definitely make this years bull run to be different and it is already happening as there are indications already that signifies that this years bull run is definitely a bit different, Although it hasn’t actually swayed away from the historical trend but there are things that are making it deter a little bit away, like the month of August ending bearish. One key thing is that this institutions involvement will be heavily affecting the market volatility rather than anything but most historical events will still be unchanged. This is part of the reason why most people think that we could even have an extended bull run as institutions wouldn’t be selling easily
Your post does not make sense to me. You say that indicators are saying that the bull run is different, but at the same time you say that it is not different from the historical trend. Make up your mind, you can't have both. The chart shows quite a strong resemblance to the previous runs, not all details of the bull run have to be the same for it to not really be different.
Alright I think you need to re read the bolded statement where i said it has not yet actually swayed away from the historical trend we usually use to have. My reply was to actually a quoted post looking at the changes that the ETF or institutions have caused to this platforms and I was like they have affected it a bit with the bull run not volatile or bullish as it use to because in the past we could actually see high volatility but right now there isn’t those highs with months like August which are usually bullish in bull run year turning out different this year.
But even with the not so high volatility the bull run is still happening this year and that is simply following historical trend, so I don’t understand what doesn’t make sense to you, probably read the post I quoted first