Volume is low, I would not say the cycle is the same as some in past. Comparison with covid and money printing is IMO useless.
Where would we be without inflation fear and no money printing? Higher lower?
I think mainstream attention would be lower.
Back to volume, it is around 50% to 60% to the start. That's not a good sign.
Mtgox user become up to 200 BTC. I know some that will receive the full 200. The plan is a dump and never look back. So some will push it directly into the market.
I also think if the market starts falling, Elon will start shitpost about Bitcoin too, which will institutions make worry.
Overall classic 2021 Bullrun I would say.