January seen as inflection point in Bitcoin 4-year cycle debate

Amid the ongoing debate over the validity of Bitcoin's four-year cycle, this month could serve as a crucial inflection point, according to an analysis by Coindesk. The report highlighted that January has historically marked significant turning points, such as a short-term high in January 2023 and the yearly low in January 2024 following the approval of spot ETFs. The analysis also pointed to cycle lows forming around Nov. 21 in both 2022 and 2021. A markup session on a proposed U.S. crypto market structure bill scheduled for Jan. 15 is seen as a key moment for the industry.