I don't trust the cycle anymore. Now, it's already difficult to follow that, especially how Bitcoin reacts to the global market, like the stock market or even the trade wars between the United States and other countries; it's already huge.
About the ETF selling pressure, this is temporary, and another basis or input about how the price reacts, but as I said, Bitcoin is already different now. The target is double of the current all-time high, so for me, if ever we reach that within this year 2026? It's kinda too fast, but still possible.
I've said in the past that I'm a firm believer of the 4-year cycle, but with the addition of these large institutions, there might be a chance that we might see a different cycle this time, and in the future. We might even see Bitcoin decoupling with the Stock Market Index particularly the S&P500.
Still, as long as this year will not end and we see the market going down, I will still believe of the 4-year cycle despite of what's happening. ETFs might have a big impact towards the price movement not only of Bitcoin, but on other altcoins as well, but anyway, let's see how will the crypto market will be this year. You said that the target is double of the recent ATH which is around $126,000 which means the target is around $250,000. Will it be reached this year? I have doubts that it's impossible unless we will see a VERY HUGE injection of liquidity towards the crypto market then it's possible. If we see a huge transfer of wealth from precious metals, stock market into the crypto market then it's possible. At the end of the day, in order for Bitcoin to reach this, we need a huge amount of liquidity or money to be injected.
