The year 2026 will mark a pivotal moment for global finance as $33 trillion in debt across advanced economies comes due for refinancing, potentially straining markets and leading to tighter conditions. This upcoming ‘maturity wall’ could negatively impact risk-on assets like equities, bonds, and cryptocurrencies, creating challenges for Bitcoin as well. Global liquidity is projected to peak by late 2025, which historically precedes market volatility. While Bitcoin’s traditional cycles are shifting due to factors such as a high percentage of mined coins and increasing influence from macro-economic forces and regulations, the current bull run may extend further into 2028 based on historical patterns. This article examines how evolving debt repayment schedules, liquidity cycles, and longer-term market trends could shape Bitcoin’s future.