Matrixport released a chart today stating that the fifth Bitcoin bull run is unlike any previous one, driven by institutions. A key feature of this cycle is the three intermittent bull runs seen during the overall upward trend, compared to just two between 2020 and 2021. The 21-week moving average, a useful indicator of trend strength and often considered the dividing line between bull and bear markets, is currently at $109,899. If Bitcoin holds above this level, the bull market trend is likely to continue; a break below this level could signal the market is entering a more challenging phase.