I'm surprised to see how far the government has gone to try to limit or control Bitcoin's dominance in the mainstream world. Since they've realized they can't "kill" or "destroy" Bitcoin, they've decided to infiltrate the system by trying to accumulate as much of the circulating supply as possible. Governments are doing this both directly and indirectly (through institutional investment firms, banks, etc).
I've actually been in the Bitcoin space for a few years now, but even then, I was actually surprised by Bitcoin's 17-year record. In the last bull season, Bitcoin was able to reach ATH $69k and new ATH at $73.6K before its halving period.
However, the biggest reason for this is that spot ETFs and more institutional investments were in Bitcoin, and later, as your factory, we saw that the alt season didn't run.
And at the same time, I am currently surprised that where Bitcoin's price should now be around 50K based on previous markets, Bitcoin is slowly moving closer to 90K.
The core Bitcoin Blockchain might remain decentralized in the long run, but it won't be of any use if centralized forces dictate who buys or sells Bitcoin.
Here I would also like to put it in such a way that the Bitcoin market can be manipulated, but this is only in the short term. In the long term, I don't think anyone can survive by holding huge Bitcoins to manipulate the market, because at the end of the day, they will have to sell them.