Experts assert that Bitcoin's traditional four-year cycle is outdated due to increased institutional support and regulatory clarity. Institutional investments and legislative backing are significantly influencing the cryptocurrency market, overshadowing previous halving cycles.
Obsolescence of Bitcoin's Traditional Cycle
Bitcoin's traditional four-year cycle, historically aligned with halving events, is losing its relevance. Industry leaders cite institutional adoption and clearer regulation as key factors contributing to this shift.
Expert Perspectives
Matt Hougan, Chief Investment Officer at Bitwise Asset Management, emphasized the influence of macroeconomic trends, stating that Bitcoin's future now depends more on institutional inflows and regulation. Legislation such as the GENIUS Act plays a pivotal role in this market evolution.
Market Stability and Adaptability
Macroeconomic conditions and legislative frameworks provide newfound stability for digital assets. This affects not only Bitcoin but also Ethereum and related cryptocurrencies, showcasing wider market adaptability. Regulatory clarity provides a safe route for institutional investments and transforms BTC's market behavior, emphasizing sustainable growth independent of traditional cycles.
The Bitcoin market demonstrates structural maturity, where institutional tools and legislative initiatives become more significant than traditional halving cycles.
