Hashdex CIO says BTC may still have room to rise

Bitcoin’s four-year cycle pattern is changing as market volatility declines and institutional adoption expands, according to Hashdex CIO Samir Kerbage. Kerbage told Crypto Briefing that while Bitcoin’s current cycle is following familiar historical patterns, its price swings have narrowed significantly versus prior cycles. BTC is down 35% from its peak and up 37% from its June low, Kerbage said, suggesting June may have marked a bottom earlier and at a shallower level than in previous cycles, or that Bitcoin may still have room for a final leg higher.