One of the founders of BitMEX, Arthur Hayes, recently expressed his views, pointing out that the traditional four-year Crypto Assets cycle has come to an end, but the reasons behind it may be unexpected.
In his latest blog post, Hayes stated that while traders are accustomed to predicting the end of bull markets based on historical patterns, this method is no longer applicable in the current market environment. He emphasized that the price cycles of Bitcoin are actually influenced by the supply of currencies such as the US dollar and the renminbi, rather than being simply tied to halving event
In his latest blog post, Hayes stated that while traders are accustomed to predicting the end of bull markets based on historical patterns, this method is no longer applicable in the current market environment. He emphasized that the price cycles of Bitcoin are actually influenced by the supply of currencies such as the US dollar and the renminbi, rather than being simply tied to halving event
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