BitcoinWarrior

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Bitcoin: Here’s how far along we might be in the bull cycle

  • BTC ETF flows could impact Bitcoin’s “cyclicality”
  • Popular analyst claimed we’re less than 40% into the bull cycle

Traditionally, Bitcoin [BTC] has a strict four-year market cycle that surges during the halving event. Based on this market cycle theory, altcoin season always starts as capital rotates from BTC to Ethereum [ETH] and finally, to the rest of the altcoins.

However, this cycle could change immensely due to massive U.S spot BTC ETF inflows.

In a recent forum discussion on the impact of spot BTC ETFs, Galaxy Digital CEO of Europe, Leon Marshall, highlighted that the ETFs could alter Bitcoin’s  “cyclicality.”