According to Crypto executives, Bitcoin’s four-year cycle may not unfold exactly the same as before, but that doesn’t mean the concept is completely dead.
“When it comes to the four-year cycle, I think it’s very likely that in reality we’re continuing to see some form of cycle,” Saad Ahmed, head of the APAC region at Crypto Exchange Gemini, told Cointelegraph in a sit-in interview at Token2049 in Singapore.
“In the end, it’s like people get really excited and overstretching themselves, then you see a crash and that’s like fixing the balance,” Ahmed said.
Saad Ahmed spoke to Cointelegraph at Token 2049 in Singapore. Source: Cointelegraph
However, Ahmed said that an increase in institutional involvement in the crypto industry could help the market absorb some of its volatility. “You’ll see some kind of volatility, a kind of flag, but in the end, it’s driven by human emotions, so there’s some kind of cycle,” Ahmed said.
The debate on whether the four-year cycle is related to Bitcoin has been underway in the crypto industry recently.
On August 21, GlassNode from Crypto Analytics Company said that Bitcoin’s recent price action could still track half the cycle of a historic four-year period.
October may mark Bitcoin cycle peak if the pattern repeats
However, according to Crypto analyst Rekt Capital, Bitcoin’s cycle peak deadline could drop this month if past patterns apply.
In July, he said that if the cycle reflects 2020, the market is likely to peak in October, about 550 days from half of April 2024.
“We still have a very small sliver with time and price expansion,” says Rekt.
Related: When Crypto’s market capitalization exceeds 4.21T, Bitcoin chases new highs
Bitcoin (BTC) reached 11.5%, reaching $123,850 on August 14th, just a small set of $124,100.
Bitwise’s Matt Hougan recently said he doesn’t expect Bitcoin prices to follow the cycle like in the past.
“I think 2026 is the New Year,” Hogan said on July 26th.
According to Coinglass, October 1 marked the beginning of the fourth quarter, Bitcoin’s strongest quarter historically since 2013.
magazine: Hong Kong is not a loophole that Chinese inexplicable companies think is
