Analysts Look Beyond Bitcoin’s Price As Tom Lee Flags a Structural Shift
Analysts are shifting focus from Bitcoin's immediate price action to whether its historical four-year cycle is structurally breaking down.Summary
Market analysts are increasingly looking past Bitcoin's near-term price to question the reliability of its historical four-year cycle, driven by deteriorating demand signals and conflicting institutional views. Indicators like the negative Coinbase Bitcoin premium suggest cautious US institutional demand, while surging exchange inflows point toward late-cycle distribution rather than accumulation. On-chain analysts like Ali Charts note that timing symmetry still suggests a correction, but others, including Tom Lee, suggest Bitcoin may soon break the traditional cycle due to structural shifts. Fundstrat's Sean Farrell sees near-term pressure but expects new all-time highs by year-end, while Fidelity's Jurrien Timmer anticipates a continuation of the cycle with a drop toward $65,000-$75,000. This divergence highlights that the current market phase is less about predicting the next move and more about determining if the established cycle framework still applies.
(Source：BeInCrypto)