THE BITCOIN 4-YEAR CYCLE DEBATE IS HEATING UP 🟢

- Team 4-Year Cycle $ZEC

• BTC already did an 8x from the 2022 bottom - fits the classic pattern.

• Alts didn’t pump because there’s no strong narrative like ICOs (2017) or NFTs (2021).

- Team “Cycle Is Dead” $G

• Grayscale, CZ, Lynn Alden say institutional demand changed everything.

• BTC made a new ATH before the 2024 halving - never happened before.

• BTC is -2.5% YTD when historically this should be a strong up year.

• No blow-off top, alts still flat or worse vs 4 years ago.

• Bernstein: BTC may be entering a longer institutional super-cycle, not a classic halving cycle.

• ETF outflows remain under 5% even with 30% corrections - long-term demand is rock solid.

• Long-term target from Bernstein: $1M by 2033.

• JPMorgan sees BTC at $170K in 6-12 months and potentially $200K by 2027.

Who’s right? Cycle believers or super-cycle believers? 🚀 $SUI