Bitwise CEO Predicts Disruption of Bitcoin's Four-Year Cycle in 2025

2025-11-16 16:30

Bitwise CEO Hunter Horsley has suggested that the traditional four-year Bitcoin cycle could be disrupted in 2025 due to 'reflexivity.' Horsley believes that the widespread expectation of this cycle might lead to increased selling pressure, potentially making 2025 a down year and breaking the established pattern. Horsley highlighted that the four-year cycle is becoming outdated, especially with the introduction of a Bitcoin spot ETF, which has brought new market participants and dynamics. He also mentioned that the current bear market might have lasted around six months, indicating that the industry could be nearing a recovery phase.

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