Bitcoin’s four-year bull market cycle —
Arthur Hayes has recently discussed the potential failure of Bitcoin’s traditional four-year bull market cycle. This analysis suggests that the dynamics of liquidity in both USD and RMB are becoming increasingly important variables in determining the future of Bitcoin’s market trajectory. Historically, the four-year cycle has been a key framework for predicting Bitcoin’s price movements, but recent developments may indicate a shift in this pattern. The role of liquidity, particularly in major currencies like the US dollar and the Chinese yuan, could significantly influence Bitcoin’s performance moving forward. As market participants continue to assess these changes, it becomes crucial to understand how liquidity factors might reshape the landscape for Bitcoin investors. The implications of this shift are profound, as they challenge established notions about Bitcoin’s price cycles and the factors that drive them.






