#比特币四年周期将改变？

The end of a Bitcoin cycle often affects the entire crypto market because Bitcoin is the main asset that dictates market sentiment. Bitcoin cycles usually follow a halving pattern (every 4 years), which reduces the supply of new Bitcoins and often triggers a major bull trend in the years following.

Impact of the End of a Bitcoin Cycle on the Future of the Market

1. Large Price Fluctuations

If Bitcoin reaches the top of the cycle, there will likely be a major correction (bear market). This could affect altcoins and cause capital to leave the crypto market temporarily.

If the cycle is still in the bullish phase, altcoins could experience further price surges.

2. Institutions and Regulation

If more financial institutions and Bitcoin Spot ETFs are widely accepted, volatility may be more manageable, allowing the market cycle to become more stable.

Tighter regulation could also curb wild speculation in the crypto market.

3. Adoption and Technological Innovation

The Bitcoin Lightning Network and other developments could accelerate the adoption of Bitcoin as a means of payment, not just as an investment asset.

If adoption increases, Bitcoin may not see a correction as deep as previous cycles.

Will the Bitcoin Bull Run Continue?

Positive Factors: If the cycle follows historical patterns, Bitcoin prices could continue to rise until late 2025 before experiencing a major correction.

Risk Factors: If a global economic crisis or regulatory tightening occurs, the bull run could end sooner.

In conclusion, the Bitcoin bull run could continue in the short- to medium-term, especially if there are catalysts such as wider adoption and growing demand for ETFs. However, investors should remain wary of the potential for a major correction that could occur at the top of the cycle.