Aiman Malikk

@Pixels Tôi nhớ khoảnh khắc tôi nhận ra hầu hết các trò chơi mới ra mắt trong Web3 đều không được xây dựng để tồn tại lâu dài. Tôi sẽ tham gia một tiêu đề mới, canh tác trong vài tuần, theo dõi giá token biến động, và sau đó thấy nền kinh tế từ từ xẹp xuống khi phần thưởng trở nên quá dễ dàng và người chơi chuyển đi. Điều đó xảy ra đủ thường xuyên đến mức tôi bắt đầu chú ý đến những gì thực sự bảo vệ ví của người chơi theo thời gian.
Đó là khi tôi bắt đầu nhìn kỹ hơn vào Pixels và hệ thống họ xây dựng lặng lẽ phía sau nó được gọi là Stacked.
Tôi đã dành thời gian thực sự trong Pixels. Đây là một trò chơi nông trại xã hội bình yên trên Mạng Ronin, nơi bạn trồng trọt, xây dựng, khám phá và kết nối với người khác. Thế giới cảm thấy gần gũi. Bạn chăm sóc đất đai của mình, nuôi động vật và tạo ra những điều nhỏ bé thuộc về bạn.

The Big Four Accounting Firms Just Went ALL IN on Bitcoin And the 4-Year Cycle (Plus Surging Liquidity) Explains Why This Could Rewrite the Game.
In early 2026, PwC, Deloitte, EY, and KPMG the world’s most powerful accounting and advisory giants have officially deepened their crypto push in a major way. PwC is publicly leaning in with expanded services in audits, wallet governance, cybersecurity, tax advice, and regulatory consulting for digital assets.
The other three have been quietly building the same enterprise-grade infrastructure for years.
This isn’t hype. It’s the Big Four treating Bitcoin as mainstream business infrastructure, driven by client demand, clearer U.S. regulations, and institutional capital that’s now here to stay.

Why this moment feels different and why the classic Bitcoin 4-year halving cycle combined with the massive liquidity shift of the past few years, is the perfect lens to understand it.
Bitcoin’s price has historically moved in roughly 4-year cycles tied to the halving the programmed event every 4 years that cuts new Bitcoin supply in half.
Less new supply + growing demand = the classic fuel for rallies.
But each cycle has shown diminishing percentage returns as the market matures… and that’s exactly what the data shows.
Quick history of the last 4 years (2022–early 2026) with liquidity in focus:
2022 (Bear market lows): Crypto winter crushed everything. FTX collapse + rising rates sent Bitcoin from $45K down to a cycle low around $16K. Liquidity was thin and retail-driven panic selling amplified the drop.
2023 (Quiet recovery): Early ETF filings sparked hope. Institutions started serious research. Bitcoin climbed back above $30K. Trading volumes began to stabilize, but still mostly speculative.
2024 (Halving + institutional breakout): Spot Bitcoin ETFs launched in January and pulled in tens of billions in inflows (cumulative U.S. spot ETF inflows hit ~$56–87 billion by late 2025). The April halving cut miner rewards to 3.125 BTC/block. Bitcoin rallied hard, smashing previous highs and hitting a new all-time high of $126,198 in October 2025.

The liquidity game-changer:
ETFs now account for 25% of daily spot trading volume and routinely move 12x more capital daily than new miner supply. This created a structural demand floor that previous cycles never had.
2025–early 2026 (Maturation & consolidation): For the first time ever, the post-halving year closed negative (down 6% for 2025, with prices pulling back 30–46% from the October peak).
Volatility cooled, but institutional flows (ETFs, corporate treasuries) kept a higher base. As of mid-April 2026, Bitcoin is trading around $74,000–$75,000 still well above pre-ETF levels, but showing the new reality: deeper liquidity means slower, more sustained moves rather than explosive retail-driven spikes.
My POV after analyzing the data:
The old supply-shock-only cycle isn’t dead it’s evolving. Previous cycles (2012, 2016, 2020) were powered by thin retail liquidity: massive FOMO rallies followed by 75–85% crashes.
Today, institutional liquidity (ETFs, Big Four infrastructure, clearer rules) has fundamentally changed the market structure. Daily ETF flows dwarf miner selling, exchange balances are dropping as coins move to long-term holders, and order-book depth is healthier.

This creates a higher price floor and reduces extreme volatility.
How we predict the next four years (2026–2030 / next halving in 2028):
Looking at the pattern of diminishing but still powerful returns + the new liquidity regime, the cycle is shifting from “speculative boom-bust” to “structural adoption wave.”
Expect:
Continued re-accumulation through 2026 as institutions buy dips.
A new leg up in 2027, likely pushing toward $150K–$250K+ (with models like Stock-to-Flow still pointing to six-figure averages in this cycle).
The 2028 halving will add another supply squeeze, but the real driver will be demand infrastructure Big Four services making it easy for corporations, pensions, and even sovereigns to hold Bitcoin on balance sheets.
Overall: fewer 10x moonshots, but a much more stable, higher baseline. Bitcoin is becoming “digital gold” for real-world finance.

The Big Four aren’t just riding the cycle.
They’re helping build the runway for the next one turning temporary institutional interest into permanent infrastructure.
This is exactly how adoption compounds: halvings create the scarcity, liquidity provides the floor, and enterprise players like the Big Four make it table stakes for trillions in capital.
#BitcoinPriceTrends #BitcoinFourYearCycle $BTC