21Shares admits its prediction on BTC's 4-year cycle was wrong

21Shares has stated that its previous prediction about Bitcoin breaking its four-year cycle was incorrect. According to a Decrypt report on a new analysis from the firm, 21Shares acknowledged that while it had anticipated the end of the cycle before 2026, price movements over the past six months have been similar to previous patterns. However, the company argued that its thesis was not entirely wrong, as the market structure has clearly changed. 21Shares explained that the current 50% market decline is significantly milder than the drops of over 80% seen in past cycles.