Here’s the real reason the 4-year Bitcoin cycle is dead: Arthur Hayes
BitMEX co-founder Arthur Hayes argued Bitcoin cycles are driven by monetary policy rather than timing, and something’s very different this time around.
BitMEX co-founder Arthur Hayes has agreed that the four-year crypto cycle is dead, but not for the reasons most people believe.
“As the four-year anniversary of this fourth cycle is upon us, traders wish to apply the historical pattern and forecast an end to this bull run,” said Hayes in a blog post on Thursday.
He added that while the four-year pattern worked in the past, it is no longer applicable and “will fail this time.”