• Bitcoin’s four-year cycle relevance fades as global liquidity now defines its rhythm and market psychology.
• Global liquidity expansion 2025 based on US Fed rate cuts, ETF inflows, China credit pulse, anchors Bitcoin’s price moves.
• Arthur Hayes notes the halving myth fade; monetary policy, not time, now drives Bitcoin’s valuation path.

BitMEX co-founder Arthur Hayes says the Bitcoin four-year cycle is dead and that liquidity flows now set the tempo of the market. In his essay “Long Live the King,” Hayes writes that Bitcoin’s historic peaks were never about block-reward halvings but about monetary policy driving Bitcoin through surges in U.S. and Chinese credit. 

When money tightened, the bull runs ended; when liquidity expanded, new highs followed. “Traders counting on a 2025 top will be wrong — the pattern worked before but fails this time,” Hayes…

Read The Full Article Bitcoin’s Price Now Tracks Global Liquidity Curves, Not Block Rewards On Coin Edition.

• Bitcoin’s four-year cycle relevance fades as global liquidity now defines its rhythm and market psychology.
• Global liquidity expansion 2025 based on US Fed rate cuts, ETF inflows, China credit pulse, anchors Bitcoin’s price moves.
• Arthur Hayes notes the halving myth fade; monetary policy, not time, now drives Bitcoin’s valuation path.

BitMEX co-founder Arthur Hayes says the Bitcoin four-year cycle is dead and that liquidity flows now set the tempo of the market. In his essay “Long Live the King,” Hayes writes that Bitcoin’s historic peaks were never about block-reward halvings but about monetary policy driving Bitcoin through surges in U.S. and Chinese credit. 

When money tightened, the bull runs ended; when liquidity expanded, new highs followed. “Traders counting on a 2025 top will be wrong — the pattern worked before but fails this time,” Hayes…

Read The Full Article Bitcoin’s Price Now Tracks Global Liquidity Curves, Not Block Rewards On Coin Edition.