Analyst Matthew Hyland expects Bitcoin to exceed $250,000 this cycle and says a later 70% bear market would require a peak of $350,000 or more, while BTC trades near $82,000. He argues this cycle spans eight years rather than four, putting the top in 2028. The theory is based on the fact that the 2022-2026 bearish macro conditions lasted twice as long as similar previous periods. Bitcoin rose from roughly $69,000 to $125,000, which according to the analyst proves the cycle still has room to run.
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