King Bitcoin 👑

"Long live the king" declares billionaire crypto entrepreneur Arthur Hayes, arguing that BTC's 4-year cycle is no more.

Author

Stacy Jones
October 10, 2025

📝 What you need to know

BitMEX founder Arthur Hayes is calling time on Bitcoin's traditional four-year cycle, arguing that this bull run won't follow historical patterns.

In his latest blog post, Hayes contends that increased money supply from Fed rate cuts and supportive global monetary policy will keep Bitcoin rising, defying the typical post-halving crash. (He’s not the only one.)

Hayes believes traders expecting a cycle top and subsequent 70-80% plunge are missing the bigger picture: cheaper, more plentiful money benefits risk assets like Bitcoin. While some analysts see signs of a market top, Hayes points to Trump's pressure on the Fed and China's monetary stance as evidence the rally will continue.

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💬 Quote of the Day

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"As the four-year anniversary of this fourth cycle is upon us, traders wish to apply the historical pattern and forecast an end to this bull run. They apply this rule without understanding why it worked in the past. And without this historical understanding, they miss why it will fail this time."

BitMEX founder Arthur Hayes

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