Samson Mow Says Bitcoin 'Has Bottomed', Traditional Four-Year Cycle Failure View Sparks Market Debate

CoinFeed June 28 news, according to CoinDesk report, Bitcoin advocate Samson Mow stated on social platform that he believes the bottom of this Bitcoin cycle has already formed, and pointed out that the traditional 'four-year halving cycle' is being broken, with the market rhythm having clearly accelerated. He mentioned that Bitcoin hit an all-time high 37 days before the April 2024 halving, indicating that the cycle pattern is accelerating. Even if the cycle model is acknowledged to have reference value, its effectiveness should be re-evaluated. Moreover, with spot ETFs bringing continuous institutional capital inflows, the Bitcoin market structure has changed. The traditional method of judging tops and bottoms based on historical halving cycles is becoming distorted, so the current price range already has the characteristics of a cycle bottom.