The price of Bitcoin could see significantly reversed in 2026, playing the traditional four -year market cycle, according to Bitwise chief investment officer Matt Hougan.
The prediction came because the other analysts were divided into if the bitcoin (Btc) will remove from its historical pattern or follow the traditional halving and climax in the coming months.
Bitcoin may be in for a “good few years,” Hougs says
“I bet 2026 is an up year,” Hougan Says In an X video on Friday. “I widely thought we were in a good year,” Hougan added.
Hougan said the four -year halving cycle “was dead” for many reasons, including the stopping Bitcoin that became “half as important” every four years, and the interest rate cycle was positive for crypto. Since April, the US president Donald Trump has insisted on the public Federal Reserve Chair Jerome Powell to cute interest rates, a potential bullish catalyst for Bitcoin, as lower rates produce traditional possession such as bonds and term deposits that are less attractive to investors.
Hougan also said the chances of significant price pullbacks were reduced as the industry gained more clarity in the regulations. “The risk of blow-up has been achieved, due to improvement of regulation and the institutionalization of the space,” Hougs said.
He said that the continued process of regulation and the early stages of institutional adoption, Bitcoin is likely to be reversed by this cycle than the historical trends suggesting:
“The long-term pro-Crypto forces will eliminate the classic” four-year cycle “force, until the existing ones, and 2026 will be a good year.”
Hougan said the most significant “cyclical style risk” for Bitcoin is the rise of Bitcoin treasury companies. “Watching the bear and meaningful,” Hougan said.
Asset manager Vaneck recently shouted the same concern, warning that companies that accumulate bitcoin by releasing a new stock or loan getting particularly vulnerable.
Vaneck says these companies can be -oveextended If the price of bitcoin falls sharply.
Bitcoin is more likely to see a “long -stable boom”
However, Hougan estimates that the bitcoin price rally will be stable rather than aggressive in the short term. “I think it’s more” long strong boom “than the super-cycle,” he said.
“I can be wrong, and I’m sure there will be significant volatility,” he added.
The days will come only after cryptoquant CEO Ki Young Ju who Bitcoin said four -year the theory of the cycle “Dead.”
Related: The Bitcoin Bulls ‘In Control’ while BTC prices are reversing at $ 118k
“My predictions are based on it – buy when the whales are accumulated, sell when the retailer is joined. But that pattern is no longer holding,” Ju said.
“Last cycle, the whales sold in retail. At this time, old whales were selling to new long-term whales. The adoption of the institution was greater than we thought,” Ju added.
However, not everyone says the pattern has changed. Crypto analyst Rekt Capital recently warned Bitcoin may have only a few months of expanding the price left in the cycle, especially if it complies with the same history pattern from 2020.
Rect explained that if the Bitcoin cycle complies with the 2020 pattern, the market is likely to peak in October, 550 days after dividing Bitcoin in April 2024.
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