The chief investment officer (CIO) of crypto asset management firm Bitwise, Matt Hougan, is saying the four-year cycle, which has traditionally influenced the boom and bust cycles of Bitcoin (BTC) and the rest of the crypto market, is “dead.”
Hougan says the “forces that have created prior four-year cycles are weaker” currently and this includes the Bitcoin halving.
According to Hougan, the impact and importance of the Bitcoin halving falls by half every four years.
Trending: Researcher Believes He Discovered A 3,800-Year-Old Inscription From Moses
Additionally, Hougan says there exists a friendlier regulatory environment and institutional investors have embraced Bitcoin and other crypto assets. Per Hougan, these “bigger forces” don’t synchronize with the four-year cycle.
“i) The movement of assets into [exchange-traded funds] ETFs is a 5 – 10 year trend. It started in 2024;
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!