The current Bitcoin cycle will continue in ‘some form’ as ‘human emotions’ are the main catalyst behind the asset’s performance.
This is what Saad Ahmed, head at Gemini, said during Singapore’s Token2049 event, where he discussed Bitcoin’s volatility, the main historic catalysts, and what the future holds.
According to Ahmed, Bitcoin’s volatility is the result of FOMO-related speculation, as investors profit off of $BTC’s dips. However, things are changing thanks to the growing institutional support, which has a direct impact on $BTC’s volatility.
Deribit’s Volatility Index shows a significant drop over the past year, precisely thanks to the increased institutional adoption and growing pro-crypto legislation.
Based on Ahmed’s assessment and Bitcoin’s historic cycle performance, experts expect a sustained rally throughout October with a potential ATH halfway through.
Bitcoin Hyper ($HYPER) also shows growing momentum, which could also impact Bitcoin’s Q4 performance. As Bitcoin’s Layer 2 upgrade, Hyper promises a more performant, responsive, and scalable Bitcoin network with faster and cheaper transactions.
Bitcoin’s Four-Year Cycle May Be Over
Naturally, not everybody agrees to Saad Ahmed’s assessment. Bitwise’s Matt Hougan believes that the strict four-year cycle is a thing of the past; institutional adoption killed it.
As Hougan sees it, Bitcoin’s cycle traditionally rested on three major catalysts: the cyclical halving, interest rates, and blowups.
These catalysts are no longer as impactful today as they once were. Halvings are 50% less impactful with each cycle, interest rates can go both ways, making them an unreliable indicator, while the risk of blowups is now ‘dramatically lower’.
And it’s this combination between Bitcoin’s three ‘negative forces’ going down and the increase in institutional adoption and surge in inflows that Hougan believes will transform Bitcoin’s cycle forever.
This means that, instead of a cyclical Bitcoin with periods of lows and highs which dictate investor participation and keep volatility high, we’ll get a stable Bitcoin with steady growth and minimal fluctuation.
Dips will always be part of the game, but Hougan believes that they’ll only be marginal and will no longer impact the investors’ trust in the asset.
Based on this, Hougan’s prediction is that 2026 will be a ‘pretty good year’.
Until then, though, we still have October to prepare for and Coinglass’s data hints at an explosive one, as Bitcoin’s Quarterly returns promise a record-breaking Q4.
Bitcoin Hyper ($HYPER) is also preparing for a bullish end of the year, as the presale gains numbers fast.
How Bitcoin Hyper Promises to Turn Bitcoin Faster and More Performant
Bitcoin Hyper ($HYPER) is the Layer 2 that promises to change the Bitcoin network forever by improving performance and scalability for faster and cheaper transactions.
The goal: to remove Bitcoin’s performance limitation, currently at seven transactions per second (TPS).
The solution: Solana Virtual Machine (SVM) for ultra-fast smart contract execution and the Canonical Bridge for near-instant finality and smoother performance.
While SVM is responsible for increasing Bitcoin’s responsiveness when running smart contracts or DeFi apps, the Canonical Bridge is the main tool for addressing Bitcoin’s transaction limitation problem.
Because Bitcoin’s Layer 1 can only process seven transactions per second, the network prioritizes larger transactions with higher fees, causing smaller ones to sometimes experience confirmation times of hours.
The Canonical Bridge mints the users’ tokens into the Hyper layer immediately after the Bitcoin Relay Program confirms the transactions, which happens nearly instantly. This eliminates the fee-based priority system, because all transactions now experience the same finality times.
Users can then use the wrapped bitcoins on the Layer 2 or withdraw them to Bitcoin’s native Layer whenever necessary.
Together with the SVM, the Canonical Bridge makes Bitcoin more scalable, which makes the network a more feasible choice for institutional investors.
Seeing the pace at which Bitcoin’s institutional adoption rates grow, this could be just what Bitcoin needs to become a global financial superpower.
You may want to tune in soon, though, because Hyper aims for a Q4 public release, at which point the token’s price could soar, given the presale support and the project’s long-term utility.
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Source: https://coindoo.com/bitcoin-cycle-continues-as-bitcoin-hyper-soars/