Pierre Rochard claims Bitcoin’s four-year cycles have ended, citing changes in market structure and diminishing halving impact on price movement.
Max Keiser warns of a sharp BTC correction due to leveraged derivatives, drawing parallels to the 2021 $10 billion liquidation event.
Bitcoin trades at $120,726 after recent volatility, with Michael Saylor’s strategy adding 155 BTC to its $75.7 billion holdings.
Bitcoin’s market structure is facing renewed debate after BTC advocate Pierre Rochard suggested that the cryptocurrency’s traditional four-year cycles are no longer relevant. Rochard, a known maximalist, pointed out that with 95 percent of Bitcoin already mined, the halving events now have a minimal effect on trading volume.
He emphasized that most of the demand today comes from retail spot buyers, exchange-traded products being integrated into wealth management platforms, and corporate treasury purchases. He noted that the selling by early Bitcoin holders now fuels a large part of market inflows. Rochard’s remarks signal a shift in how Bitcoin price movements may evolve in the future.
Keiser Warns of Leverage-Driven Correction
Responding to the discussion, Max Keiser, currently serving as Bitcoin advisor to El Salvador’s president Nayib Bukele, forecast a significant price correction. He warned that the trigger could be the market for leveraged Bitcoin derivatives, which often amplifies volatility. Keiser referenced the 2021 market event when $10 billion in leveraged positions were liquidated in one week, leading to a steep price decline.
Commenters on X, including Sergio Bermudez, agreed with Keiser’s assessment, noting similarities to past market sell-offs. The 2021 wipeout remains one of the largest rapid liquidations in Bitcoin’s history, underscoring the potential risks of over-leveraged markets.
Bitcoin Holds Above $120,000 Despite Volatility
Bitcoin is currently trading at $120,726 after recovering nearly 1% in the last 24 hours. The price had dipped 2.21% on Sunday, falling from $122,300 to $119,590. Despite the recent pullback, the asset remains significantly above earlier yearly levels.
Meanwhile, corporate accumulation continues. Michael Saylor’s company, Strategy, announced the purchase of 155 additional Bitcoins for approximately $18 million. This latest acquisition brings its total holdings to 628,946 BTC, bought for $46.09 billion at an average price of $73,288. The current valuation of Strategy’s Bitcoin is estimated at $75.74 billion.
The post Bitcoin Cycles Questioned as Max Keiser Warns of Price Correction appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
