Arthur Hayes: Bitcoin’s Four-Year Cycle is Over

Renowned crypto expert Arthur Hayes has declared the end of Bitcoin’s traditional four-year cycle, citing monetary policy as the primary driver behind price fluctuations. In a recent blog post, Hayes contends that global fiscal conditions now significantly impact Bitcoin’s trajectory, potentially benefitting related altcoins and attracting institutional investors. This shift marks a significant change in how analysts view Bitcoin pricing, moving away from the historical reliance on halving events and focusing instead on broader macroeconomic forces.