Bitwise CIO: STRC selloff signals bitcoin's end-of-cycle reset
Matt Hougan frames the preferred-stock reset as a late-cycle shakeout, with a fresh BTC bull run he expects to start this fall once forced sellers clear.
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Matt Hougan frames the preferred-stock reset as a late-cycle shakeout, with a fresh BTC bull run he expects to start this fall once forced sellers clear.
The 4-year-cycle pattern still holds, SpaceX IPO demand is sucking capital into risk, and exchange ETH balances keep falling — a stack of converging signals the bulls are leaning on.