IS THE 4-YEAR CYCLE DEAD, OR IS IT ALL ABOUT LIQUIDITY? The traditional 4-year crypto cycle tied to Bitcoin halvings looks like it is becoming irrelevant. Historically, the cycle included: 👉 Bear market 👉 Accumulation phase 👉 Bull market 👉 Euphoria phase This Cycle is Different - One year post-halving, no clear bull market has emerged. - Bitcoin has risen, but altcoins have lagged significantly. - The rise is driven by institutional money and ETFs, which don’t impact altcoins like retail flows did in the past. Liquidity is the real play - The key factor now is liquidity, not time-based cycles. - Global liquidity is surging, hitting all-time highs (ATHs). - $5.5 billion added this year alone; projected $12B total for the year (~10% increase). What am I expecting? - This liquidity needs to flow, and Bitcoin and crypto are top destinations. - Historically, Bitcoin price follows global liquidity (M2) with a 10–12 week lag - If liquidity continues rising, expect strong market impacts, regardless of outdated cycle models.