Recently, expert opinions on the future of the cryptocurrency market have garnered attention. Matt Hougan, Chief Investment Officer of Bitwise, believes that traditional four-year cycles are no longer relevant.
A Paradigm Shift: Traditional Cycles Losing Relevance
At a recent industry event, Matt Hougan expressed doubts about the relevance of the four-year crypto cycle. He claims that deeper market trends, such as institutional investments and regulation, will be decisive for success by 2026.
Impact of Institutional Investments on the Market
Hougan emphasizes the need to consider institutional flows, changing the historical reliance on factors like Bitcoin halvings. These changes may lead to greater market stability and reduced volatility.
Projections for Stability and Growth in 2026
It is expected that by 2026, institutional participation will increase, providing a smooth transition of assets to the ETF market. Hougan notes that this could result in a long-term stabilizing effect on liquidity and price growth for digital assets.
Matt Hougan's perspective highlights the need to adapt to new conditions in the digital asset market. Sustainable growth by 2026 will likely emerge from a shift in investment directions.