Bitcoin has struggled to have a solid breakout past it's April 2021 ATH.
Lack of momentum has been evident however this does not point to end of cycle. It rather seems BITSTAMP:BTCUSD needs several weeks of sideways price action with few downside wicks to shake off derivative investors and pick up steam to finally have a solid breakout past 70k.
Weak monetary policy, global inflation and BITSTAMP:BTCUSD adoption by big tech could fuel the final part of this bull run putting us past 200k somewhere between Q2 - Q3 2022.