Bitcoin 4-Year Cycle Gives Way to 10-Year Grind
Bitwise CIO Matt Hougan said the Bitcoin four-year cycle is being replaced by a “10-year grind” characterized by steady returns rather than spectacular gains.
Speaking on CNBC’s Crypto World, Hougan argued that institutional adoption, regulatory progress, and stablecoin growth are stronger forces than the historical halving-driven cycle.
“I do think the four-year cycle is less important now than it was in the past,” Hougan stated. “I expect the market to be up next year. I think we’re in a 10-year grind upward of strong returns, not spectacular returns, strong returns, lower volatility, some up and down.”
Institutional buying dampens Bitcoin volatility
Hougan pointed to dropping…
