I'd say this is one of a kind bull market
It definitely is:
-Its first bull market in which Bitcoin stops for one full year in the middle of strong bull run (2021 ROI = 50%).
-Its the first bull market in which Bitcoin dropped 50%, right from ATH, in 2 weeks just to hit new ATH 4 month after.
-Its the first bull market in which BTC is called an "alternative investment asset" by banks and governments during The Real Interest Rate being negative 5%.
what's keeping crypto at this stronger phase?
Bitcoin fundamentals were never stronger. With CBDC and 0 privacy, with 10% inflation bitcoin is the answer. In next 1-3 years everything is possible. Even 80% dump together with stock and real estate dump caused by rising interest rates and money being moved back to low risk assets (bonds). But sooner or later FED will be forced to print more and more causi9ng BTC bubble v4, v5, v6. I next 20 years perspective there is only north.
