US President Donald Trump's executive about Crypto, along with a comprehensive organizational axis in the United States, can break the Bitcoin cycle for a period of four years.

This is the view of Matt Hogan, the chief investment official in BitWise Asset Manager. Bitwise CEO of BitWise shared his look at Note Posted on January 29.

"Specifically, I was wondering whether the last change in Washington's position towards Crypto is a great catalyst enough" to break "a four -year cycle and expand the current bull market in Crypto to 2026 and beyond."

Bitcoin course for four years

Historically, Bitcoin (BTCA four -year course was followed, with three years of public price movement in the emerging market, followed by a decline. This pattern was shown in 2014 after the collapse of Mount Gox, in 2018 amid ICO Securities and Stock Exchange, and in 2022 after the collapse of Terra Ecosystem.

In this case, the bear market 2022 paved the road for "2023 and 2024".

“If we are following a four -year classic course, it will be in 2025 a great encryption. And I think it will be: we are in the registry that we expect that the price of bitcoin will double this year to more than $ 200,000, driven by flows to the investment boxes circulating and buying bitcoin by companies and governments Hojan indicated that this may improve.

The current cycle of Crypto, after the painful withdrawal that saw the infection of the Deciave infection, got a catalyst of Gray victory over the Supreme Education CouncilThe legal victory for the final approval of the investment funds circulated in Bitcoin in the United States has accelerated

The BTC price increased from about 22,000 dollars at the time of the Grayscale argument against SEC in the court, reaching the highest level ever more than $ 100,000 in 2024.

Trump and the CEO of encryption

Trump's victory in November becomes the forty -seventh US President added to this upward momentum. But can politics in Washington convert in light of the management of a quarter of Trump into a four -year Bitcoin?

Hogan believes it can.

It indicates that early signs indicate the possibility of a painful bear market, after historical patterns of excessive benefit in the frantic markets. However, the executive order for encryption in Trump, which was signed in the first week of his return to the White House, could change this path.

According to Hougan, the request refers to the "complete circulation of encryption" amid many other positive developments. One of the main transformation is the potential regulatory framework that can allow banks to enter the entire Crypto Custody market, which enhances Wall Street's confidence in digital assets.

The inventory of national digital assets is another major factor that must be taken into account. Combined, EO is hinting at a scenario that can see trillion dollars flowing to encryption.

Perhaps not in 2026

According to the director of coordination between Bitwise, the expected positive effects of Trump's executive order and other factors may take years to achieve. This means that the market cannot exclude the winter encryption in 2026.

"I think we have not fully overcome a four -year cycle. The leverage will be based with the construction of the bull market. The excess will appear. Poor actors will appear. At some point, there may be a sharp decline when the market overcomes its crawles."