🚨 Consensus Established: The “Four-Year Cycle” of Bitcoin Is Dead!

From Wall Street to crypto giants, the smartest minds in the market have reached a stunning new consensus: the era of rigid cycle-following is over.

Here’s a summary of the latest views on Bitcoin’s cycle theory, and there’s only one conclusion: new rules of the game have emerged. 🧵👇

👑 Michael Saylor (MicroStrategy):

“There are no cycles, only capital absorption.” He believes Bitcoin is the ultimate asset—since it’s “digital gold,” there should be no selling plan, only unlimited accumulation.

🔶 CZ ():

“History may rhyme, but it no longer repeats so simply.” The massive influx of new capital from ETFs has fundamentally changed the underlying structure—it’s a mistake to project the last three halving candlesticks onto today’s market.

🧠 Cathie Wood (ARK Invest):

“Institutional entry will smooth out the crash abyss.” The four-year cycle of Bitcoin will be broken, and this cycle’s “bottom” may already be in.

📈 Grayscale Research:

“A 30% pullback is just a launchpad.” The market is maturing; today’s drop is just a normal correction within a bull market, not the end of a cycle.

💸 Arthur Hayes (BitMEX):

“The money printer’s on, the cycle is dead.” Bitcoin’s price movements now depend entirely on liquidity policies from the Fed and global central banks—halving events are almost irrelevant.

🌐 Raoul Pal (Real Vision):

“Everything is code.” This is no longer a 4-year recurrence, but a structural bull market lasting over 5 years, essentially a reflection of the global debt cycle and technology adoption rates.

🏦 Bernstein / VanEck:

“Demand unmet, bull market extended.” Institutional demand is just starting to be unleashed, driving a prolonged, non-typical super bull market.

📊 Ki Young Ju (CryptoQuant):

“The old models have failed.” Data shows tokens are flowing from retail investors to “diamond hands” institutions—the old cycle models based on retail behavior can no longer explain today’s market.