Bitcoin's four year cycle could be altered due to BTC ETF flows and could impact the traditional capital rotation seen during altcoin...
Popular analyst claimed we’re less than 40% into the bull cycleBased on this market cycle theory, altcoin season always starts as capital rotates from BTC toHowever, this cycle could change immensely due to massive U.S spot BTC ETF inflows.discussion on the impact of spot BTC ETFs, Galaxy Digital CEO of Europe, Leon Marshall, highlighted that the ETFs could alter Bitcoin’s “cyclicality.”
“I think it will probably change the cyclicality of Bitcoin’s industry. That means slightly less Bitcoin-ETH-Altcoins as a rotational cycle.”In other words, Marshall means that the next cycle could be determined by ETF approval, such as for ETH,Interestingly, Quinn Thompson, founder of Lekker Capital, shared similar observations in a recent podcast with Galaxy Digital’s Head of Research, Alex Thorn.“One, it adds correlations; sometimes, it could be inversely correlated.
On the contrary, Rekt Capital, a pseudonymous crypto researcher and trader on X , religiously follows the traditional cycle.that the cycle is only up 35%, meaning that a rally of over 60% is expected based on the traditional cycle. At press time, BTC was hovering at around $70K. Tracking it from the traditional cycle and new nuances is critical to spotting opportunities and risks.
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