There is a forecast that the cryptocurrency market will break away from the traditional ‘4-year cycle bull market’ and continue a long-term bull run. On the 1st, Matt Hougan, Chief Investment Officer (CIO) of Bitwise, stated on his X (formerly Twitter), “The traditional 4-year cycle bull market of the cryptocurrency market is now over,” and “We have entered a new era.” He explained that the pattern of the market rising for three years and adjusting for one year is unlikely to continue, and a long-term bull market may persist. Hougan CIO said, “In the traditional 4-year cycle bull market, an adjustment should come next year, but this cycle is different,” adding, “The U.S. government’s cryptocurrency policy has changed. This policy change will not end in the short term but will form a new upward trend over a 10-year cycle.” There is also a forecast that the U.S. government’s pro-cryptocurrency stance will continue in the long term. Hougan predicted, “The cryptocurrency executive order announced by the U.S. government sets the growth of cryptocurrency as a national priority, establishes a new regulatory framework, and discusses the possibility of a cryptocurrency reserve plan,” adding, “This policy change will lead to the full-scale entry […]