Bitwise CEO: The four-year cycle is dead, and since February this year, it has actually been a bear market. A big market is expected in 2026

Bitwise CEO Hunter Horsley expressed his views on social media, stating that the four-year cycle pattern of cryptocurrencies has ended, and the market has changed and is maturing.

Hunter Horsley noted that looking back in 2025, it will be evident that the market has actually been in a bear market since February, merely masked by the continuous buying from cryptocurrency treasury companies. He believes that all factors are preparing for a massive market movement in 2026.