Bitcoin's Traditional Four-Year Cycle May Be Ending, Says Bitwise CIO

According to BlockBeats, on February 1, Bitwise Chief Investment Officer Matt Hougan expressed in a letter to clients that Bitcoin's traditional four-year cycle might be coming to an end. Hougan suggests that with the influx of institutional investors and the maturation of market structures, Bitcoin's price volatility and cyclicality are expected to stabilize, becoming less influenced by halving events. The Bitcoin market is entering a new phase dominated by macroeconomic factors and long-term investment strategies. As the cryptocurrency market evolves, traditional market cycles may no longer apply, indicating a shift towards broader institutional integration and sustained investor interest.