With each new cycle having diminishing returns and tapering down, will we see a future bull market have a peak lower than the previous cycle's ATH, and in other words be just shy of a new ATH?

The article discusses Bitcoin's diminishing returns in bull cycles, suggesting the 2029 cycle may peak lower than previous all-time highs (ATHs) if current trends continue. It highlights historical peak prices and projected returns, noting volatility and market conditions as key factors influencing future outcomes.