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Title: Bitcoin Four-Year Cycle Ends as Institutional Adoption Changes Market Dynamics
Bitcoin’s traditional four-year cycle may be a thing of the past, as institutional adoption and regulatory clarity reshape market forces. According to Bitwise CIO Matt Hougan, this shift is irreversible. In an era of unprecedented crypto growth, significant changes are emerging in the market dynamics.
Hougan points out that Bitcoin halvings become “half as important” every four years, resulting in decreased price impact over time. This change could be attributed to the ongoing institutional adoption and growing regulatory clarity.
On a different note, Hougan shares his concerns regarding Treasury companies, which may create new risk factors due to their massive holdings of Bitcoin. These firms accumulate Bitcoin through issuing stocks or taking on debt, potentially amplifying market movements in both directions.
Source: coincentral.com
