Bitcoin’s four-year cycle is over as market enters supercycle, strategist says

Bitcoin may be moving beyond its traditional halving-driven rallies and into a generational supercycle as cryptocurrency becomes part of mainstream finance and the market structure around it changes. In an Oct. 14 interview with Bitcoin Magazine, Wellington-Altus chief market strategist James Thorne said Bitcoin’s four-year and halving cycles were over in his view, citing fundamental changes in the markets surrounding Bitcoin and Ethereum. Thorne compared the shift with the commodity supercycle that followed China’s entry into the World Trade Organization and subsequent urbanization. Commodities themselves did not change, he said, but the structure of their market did, producing a supercycle.

Source: TokenPost