Bitwise CIO Analyzes Potential Shift in Bitcoin's Four-Year Cycle

According to Foresight News, Bitwise Chief Investment Officer Matt Hougan has analyzed the potential breakdown of Bitcoin's traditional four-year cycle and predicted future trends in the cryptocurrency market. Hougan highlighted that the three key factors previously forming the four-year cycle—halving, interest rate cycles, and explosion risk—are diminishing in influence. He noted that the interest rate cycle is now a positive factor for cryptocurrencies rather than a negative one. The most significant cyclical risk currently is the rise of financial companies, which is noteworthy and significant. Larger forces are moving on a timeline that is out of sync with the previous four-year cycle. Hougan believes that long-term pro-cryptocurrency forces will overshadow the classic 'four-year cycle' forces, if they exist. He predicts that 2026 will be a favorable year for the market. Hougan expressed confidence in the emergence of significant volatility, resembling a 'sustained steady boom' rather than a supercycle, and overall, he believes the market can maintain its momentum for several more years.