I like this take. I'd started wondering if we're now (late March) somewhere between the peaks of two double-top peaks. BTC has consistently double-topped around halvings and ath cycles, so far as I can recall (I wasn't into markets back when I started this journey, just mining, ha!). Additionally, if you look at the intensity of each of the last 3 halvings and their corresponding price impact, each ATH is an order of magnitude less explosive than the previous. I still thought the run up should have a little more legs than this has had so far because it began with the biggest supply crunch from long-term hodl ... and then we got ETFs.