Bitcoin's (BTC) four-year cycle is alive and well, according to Fidelity's Jurrien Timmer. Despite recent skepticism from industry figures like Bitwise's Matt Hougan and ARK Invest's Cathie Wood, Timmer remains a secular bull on Bitcoin, but is cautious about the near-term outlook.
The four-year cycle is a well-established pattern linked to Bitcoin's halving events, which occur approximately every four years. These events reduce the block reward by 50%, leading to a supply shock and a significant price surge. The cycle typically follows a bull market, a crash, and then a gradual recovery until the next halving.
Timmer highlights the October 2025 peak above $125,000 as a strong indicator of the cycle's validity. He predicts a bear market lasting around one year, with 2026 potentially being a 'year off' for Bitcoin. Support levels are expected to be in the $65,000 to $75,000 range.
In other news, BlackRock's Bitcoin ETF (IBIT) has seen massive inflows despite negative performance, attracting more money than the leading gold ETF (GLD). This phenomenon has sparked discussions about the potential for significant growth in the cryptocurrency market.
