Bitcoin's bull market faces delays due to geopolitical instability and the Federal Reserve's interest rate pause, according to analyst Crypto Kakarot. The traditional four-year Bitcoin cycles have been disrupted by prolonged high interest rates and escalating U.S.-China tensions. Institutional investors now dominate the market, overshadowing retail participation. Bitcoin's price recently dipped to $103,000 following Trump's comments on trade tensions with China but rebounded to $115,000. The Fear and Greed Index is at 27, reflecting significant market fear.