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Bernstein Declares Bitcoin's Four-Year Cycle Dead, Predicts $1M Target for BTC
Source: CryptoNewsNet Original Title: Bernstein Declares Bitcoin’s Four-Year Cycle Dead, Predicts $1M Target for BTC Original Link: Bernstein has issued one of its strongest Bitcoin outlooks yet. The $800 billion asset manager says the long-standing four-year cycle that once defined Bitcoin’s peaks and corrections is officially broken.
The firm’s analysis challenges a widely-held belief in the crypto community about Bitcoin’s cyclical behavior, suggesting that historical patterns may no longer be reliable predictors of future price movements.