Bitwise CIO Says ‘One-Time Generational Forces’ Will Overwhelm Bitcoin’s Four-Year Cycle

Bitwise chief investment officer Matt Hougan says Bitcoin (BTC) is likely to break from its historical four-year cycle as institutional adoption and regulatory progress reshape the market. On the Bankless YouTube channel, Hougan argues that the forces traditionally used to explain Bitcoin’s cyclical behavior have weakened, while new structural drivers now play a larger role. source: https://dailyhodl.com/2025/12/19/bitwise-cio-says-one-time-generational-forces-will-overwhelm-bitcoins-four-year-cycle/