@walkderiveatom

Traditional Bitcoin cycle theory posits that within 18 months of each halving, Bitcoin prices peak, followed by a year of exponential growth, a year of decline, and a year of sideways trading. However, Bailey believes the current market environment has fundamentally changed. He noted, "When I look at the buyer base entering the market—institutions, ETFs, governments—the scale of the money coming in is enormous. I've never seen anything like this in my lifetime."

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