Bitwise CIO: BTC to break 4-year cycle, hit new all-time high next year

Matt Hougan, CIO of Bitwise, predicts that Bitcoin will break its traditional four-year cycle and reach a new all-time high next year, The Block reported. He stated that the cycle has been broken by a weakening halving effect, a falling interest rate environment, and accelerated institutional adoption amid regulatory improvements. Hougan added that the proliferation of spot ETFs next year could lower volatility and the asset's correlation to stocks, creating a more favorable structure for investors.