BULLISH OUTLOOK 🔥

Bitwise believes Bitcoin will reach a new all-time high in 2026 — and says the traditional 4-year cycle is losing relevance.

Why? • Liquidity cycles now matter more than halving timelines

• Institutional participation is smoothing extreme volatility

• Demand is increasingly driven by long-term capital, not retail hype

This isn’t a speculative frenzy.

It’s a structural repricing of Bitcoin as a macro asset.

We’re not early in a cycle.

We’re early in a new market regime. 🚀

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