Hunter Horsley, chief executive officer at Bitwise, has joined the choir of pundits who argue that the four-year cycle theory is essentially dead. πΆ
He has predicted that a massive bull run is going to take place next year. π¦
“Everything is lining up for a massive 2026. It’s stunning,” he said. π€―
A bear market? π΄
“We will look back on 2025 and realize that it’s been a bear market since February,” Horsley said. π»
However, this “bear market” has been masked by the relentless bid from digital asset treasury (DAT) companies. π¦
A new all-time high? π°
As reported by U.Today, Standard Chartered also recently stated that Bitcoinβs traditional four-year halving cycles are no longer a reliable predictor of price moves. π
Historically, Bitcoin peaked about 18 months after each halving, but the bank argues that U.S. Bitcoin ETFs have substantially changed market dynamics. π
To validate this new theory, Bitcoin would need to break its all-time high of $126,000. Standard Chartered expects it could happen in early 2026. π§
Several other analysts and market observers, Bernstein, are also on the same page. π€
Meanwhile, BitMEX CEO Arthur Hayes has cited the changing global monetary conditions as the key reason why four-year crypto cycles are essentially dead. π
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2025-12-10 21:00