Is Bitcoin’s Bull Run Over? Analysts Have No Clue (But Here’s What They Think)

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“The old money flow cycle is breaking,” crypto trader ‘Koroush AK’ informed his 376,000 X followers on Wednesday. Apparently, the old cycle where money would lazily roll from Bitcoin to Ether and then dance over to altcoins is now a thing of the past. Who knew? 🤔

“Now we have to navigate isolated mini-cycles where only some sectors pump while others get left behind,” he added, clearly not impressed by this new era of crypto chaos. 😅

According to Koroush, the BTC to ETH flow remains unchanged, but now “sectors only pump when money and attention overlap,” which sounds like the perfect recipe for a wild, unpredictable party. 🎉 But, if either one is missing? Well, that sector gets a big ol’ “No Entry” sign. 🚫

For example, while Chainlink (LINK) got its shiny moment from Ether’s run, Uniswap (UNI) was left out in the cold like the unpopular kid at a high school dance. Classic. 🥴

What About The 4 Year Cycle?

Ah, the famous 4-year cycle, the rhythm that’s been keeping Bitcoin’s pulse in sync with halving events. But now, according to analyst James Check, it’s not so much about halvings anymore. Oh no, it’s all about adoption trends and market structure. Because, naturally, markets are just too cool for traditional patterns. 😎

James further speculates that Bitcoin’s cycles are more like awkward phases in a teenager’s life. First, the “adoption cycle” from 2011 to 2018, then the “adolescence cycle” from 2018 to 2022, and now, we’re in the “maturity cycle.” Which is, of course, when institutional maturity and stability come into play-because nothing says ‘adulting’ like watching institutional investors ruin all the fun. 🙄

Meanwhile, hedge fund veteran “PlanC” dropped the bombshell on Thursday: “There’s a 99% chance stock-to-flow breaks this cycle, and a 50/50 chance the 4-year cycle breaks.” So, yeah, your guess is as good as mine. 🤷‍♂️

And then there’s trader Bob Loukas, who’s just over here scratching his head, unable to figure out whether we’re witnessing a major distribution phase or if we’re just *weeks away* from the wildest crypto blow-off phase the world has ever seen. No pressure, Bob, no pressure. 😬

“Either the 4-year cycle has already topped and we’re in heavy distribution as buyers eventually exhaust… or we’re just weeks away from start of blow-off phase, a fast doubling (or more) over 3-6 months.”

And just to really round out the confusion, Bitwise CIO Matthew Hougan boldly claimed that gains will probably continue into 2026. “So let’s say this: I think the 4-year cycle is over,” he said, probably while drinking something heavily caffeinated to stay awake. ☕

Slumptember Ahead?

Glassnode, ever the cautious observer, said Bitcoin is still following its usual patterns, but recent profit-taking and selling pressure suggest we’re entering the “late phase” of this cycle. Or, as I like to call it, the “Oh no, here we go again” phase. 🤦‍♀️

In the past, the crypto markets have done this thing in September where they pull back, get a little moody, and then skyrocket to new heights by the end of the year. If history rhymes-or more likely, gets stuck in an infinite loop-this could happen next month. ⏳

In past cycles, Bitcoin marked a major low in September and then rallied for 2-3 months in Q4.

– apsk32 (@apsk32) August 27, 2025

So, whether we’re at the peak or just hitting the snooze button on this cycle until 2026, no one really knows for sure. But with heavy institutional participation, some are leaning toward the latter. Who knew crypto markets would ever be “mature”? That’s probably the least fun part of it all. 🥱

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2025-08-28 09:26