Bitcoin’s old four-year rhythm has been upended, according to CryptoQuant CEO Ki Young Ju. He argued on Thursday that the crypto’s cycle is no longer in existence, driven out by big players stepping in.
His latest comments follow a public rethink after he called a market top just a few months ago and got it wrong.
Institutional Buyers Rewrite Rules
Based on reports, Bitcoin Spot ETFs and corporate treasuries are changing the game. In the first half of the year, treasury companies bought twice as much BTC as the ETFs did.
That shows how deep pockets can fill the gap when veteran whales move out. Short sells and panic dumps used to knock prices hard.
Now, a growing pool of steady institutional demand comes in right behind those exits. It’s a shift that could reshape Bitcoin’s usual peaks and valleys.
#Bitcoin cycle theory is dead.
My predictions were based on it—buy when whales accumulate, sell when retail joins. But that pattern no longer holds.
Last cycle, whale
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