'Very likely' Bitcoin cycle will continue in some form: Gemini exec
The Bitcoin four-year cycle is driven more by "human emotion" and will likely continue to play out in "some form," according to a crypto executive.
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Many major banks anticipate that Bitcoin will rise to as high as $200,000 by year-end, driven by record ETF inflows and capital rotation from gold markets.
Bitcoin ETFs are the market's "clearest sentiment barometer," indicating an incoming breakout for "Uptober," analysts told Cointelegraph.
Crypto venture capitalists are a "lot more careful" and not just jumping on every hot narrative, says a Bullish Capital Management executive.
The Bitcoin four-year cycle is driven more by "human emotion" and will likely continue to play out in "some form," according to a crypto executive.
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Bitcoin rallied close to $124,000 as surging US demand for BTC, shifting Federal Reserve monetary policy and hopes for a bullish Q4 lifted investor sentiment.