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>>Bitcoin's major price surge is over, and a new phase is starting. Experts analyze what the future holds for BTC.

Bitcoin's major price surge is over, and a new phase is starting. Experts analyze what the future holds for BTC.

crypthub

2 days ago

End of Bitcoin's Halving Cycle

Analysts now believe Bitcoin's traditional four-year halving cycle has concluded. The cycle’s influence has diminished due to emerging factors that are driving the cryptocurrency's market behavior. Research firm K33 suggests Bitcoin is transitioning to a new era, superseding the historical pattern. This shift is primarily influenced by structural forces.

Institutional Influence

Bitcoin's current price surge is largely attributed to the involvement of institutional investors. This contrasts with prior cycles driven by retail enthusiasm. K33 Research emphasizes that the market's direction is now shaped by institutional support. The company's President, Vetle Lunde, declared the "four-year cycle is dead."

Market Conditions and Outlook

The market currently displays signs of being overheated, indicated by open interest and price discrepancies. Despite optimistic long-term prospects, this indicates potential for a short-term correction. Current indicators do not suggest a major market reversal.