A crypto executive says that while Bitcoin may not follow its four-year cycle exactly, the idea isn’t dead.
“I think when it comes to the four-year cycle, the reality is that it’s very likely that we’ll continue to see some form of a cycle,” Saad Mohammed, head of APAC at Gemini crypto exchange, revealed to Cointelegraph, during an interview in Singapore, that he was sitting down with Token2049.
“It ultimately stems from people get really excited and overextend themselves, and then you kind of see a crash, and then it kind of corrects to an equilibrium,” Ahmed Ahmed
Ahmed replied: growing institutional involvement Crypto industry can help absorb volatility in the market. “You’ll see some of the volatility, kind of flag off, but you’ll still see some sort of a cycle, because ultimately, it’s driven by human emotion,” Ahmed Ahmed
Bitcoin: The four-year cycle debate (BTCRecently, there has been a lot of activity in the crypto-industry.
Cryptography will be a part of the Aug. 21. analytics company Glassnode Bitcoin’s recent price movement may still be following a four-year halves cycle.
If patterns repeat, October could be the peak of Bitcoin’s cycle.
But the deadline has passed for Bitcoin’s cycle peak Rekt Capital, a crypto analyst, says the market may drop this month.
On July 1, he stated that if the cycle mirrors 2020The market’s peak would be in October, roughly 550 days following the halving of April 2024.
“We have a very small sliver of time and price expansion left,” Rekt said. But Oct. 1, historically, was the start of Q4, traditionally Bitcoin’s best quarter, with an average return since 2013 of 79.39%. according CoinGlass is a great way to collect coins.
Related: Bitcoin chases new highs as crypto market cap crosses $4.21T
Bitcoin has risen 11.5% in the last seven days to reach $123,850, which is just over $124,100, its all-time record set on August 14, according CoinMarketCap.
Matt Hougan is the chief investment officer of Bitwise. said on July 26 He does not expect Bitcoin to continue following the cycles as in the previous years.
“I bet 2026 is an up year,” Hougan said. “I broadly think we’re in for a good few years,” Hougan added.
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Source: cointelegraph.com
