While the four -year cycle of Bitcoin may not play exactly as the past, does not mean that the concept is completely dead, according to an executive executive.
“I think when it comes to the four-year cycle, the fact is that we are likely to continue to see some form of a cycle,” Crypto Exchange leader Gemini, APAC region Saad Ahmed, told Cointelegraph in a token2049 interview in Singapore.
“It ultimately coming from people are really excited and overwhelming themselves, and then you want to see a crash, and then it’s kind of correction in a balance,” Ahmed said.
However, Ahmed said Growing institutional involvement In the crypto industry it can help the market absorb some of volatility. “You will find some kind of volatility, kind of a flag, but you will still see some kind of a cycle, because ultimately, it is driven, you know, through human emotions,” Ahmed said.
The debate about whether the four -year cycle is related to Bitcoin is going on within the crypto industry recently.
On August 21, the crypto Analytics Company Glassnode Bitcoin’s recent action of the recent price said could still monitor the historic four -year halving cycle.
October can mark the climax of the Bitcoin cycle if repeat the patterns
However, the deadline For the peak of the Bitcoin cycle This month may fall on this month if the previous patterns are holding, according to the crypto analyst rectual capital.
In July, he said that if The mirrors in cycles 2020The market is likely to peak in October, approximately 550 days after the cessation of April 2024.
“We have a very small sliver of time and extending the price left,” Reks said.
Related: Bitcoin is chasing new highs while the Crypto Market Cap crosses $ 4.21T
It came as bitcoin (Btc) climb 11.5% last week, up to $ 123,850, just $ 124,100 all-time high sets on August 14th, According to In coinmarketcap.
Mattwise’s Matt Hougan recently said he did not expect Bitcoin’s price to follow the cycle like the past.
“I bet 2026 is an up year,” Hougan Says On July 26th. “I widely thought we were in a good year,” Houngan added.
October 1 marked the beginning of Q4, the strongest quarter of Bitcoin since 2013, with an average return of 79.39%, According to In coinglass.
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