Bitcoin’s Four-Year Cycle Is Dead: What’s Next for Cryptocurrency?
Main Idea
Bitwise investment director Matt Hougan argues that the traditional four-year cryptocurrency cycle is no longer relevant due to legislative support and increasing institutional interest, though he warns of potential risks like corporate Bitcoin treasuries.
Key Points
1. Legislative support, such as the GENIUS Act, is shifting Wall Street's stance on cryptocurrencies from negative to positive.
2. Hougan believes long-term cryptocurrency trends will outweigh the classic four-year cycle factors, predicting 2026 to be a strong year with significant volatility.
3. He identifies a 'significant risk' in the potential boom of corporate Bitcoin treasuries.
4. CryptoQuant founder Ki Young Ju admitted to previous forecasting errors.
5. BNB reached an all-time high of $804 on Binance, surpassing Solana.
Description
Bitwise investment director Matt Hougan concluded that four-year cycles are no longer relevant for Bitcoin. The forces that shaped these cycles have weakened in the new environment. The expert drew attention to the following changes: Halvings, which led to ”demand shocks,” have been replaced by steady, incremental purchases of cryptocurrency by institutions and corporations. The risk of collapse has been reduced by improved regulation and the institutionalization of the industry. The new trend f...
Latest News
- Four-year Bitcoin cycles are dead, Bitwise CIO says2025-07-26 17:55:12
- Bitcoin’s Four-Year Cycle Is Dead: What’s Next for Cryptocurrency?2025-07-26 17:40:48
- JPMorgan Pauses Gemini Partnership Amid Fintech Data Fee Dispute2025-07-26 17:13:31
- Elizabeth Warren Warns GENIUS Act Risks US Financial Stability2025-07-26 17:00:16
- Whales Scoop 280M XRP in 10 Days as Wellgistics Taps XRPL2025-07-26 08:24:24