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Bitcoin (CRYPTO: BTC) may still be locked inside its historical four-year cycle despite ETF adoption, institutional buying and strategic reserve narratives, according to a prominent analyst.
Do Not Overcomplicate The Cycle
In his May 25 podcast, analyst Benjamin Cowen argued that Bitcoin’s latest peak followed the same timing structure seen in prior cycles, with BTC topping in Q4 of the post-halving year before entering a prolonged correction phase.
The market is overcomplicating the cycle narrative when price behavior still closely resembles prior bear market structures from 2014, 2018 and 2022.
Bitcoin historically bottoms near the …


