BTC Price Target Hits $90K as Four-Year Cycle Debate Ignites
Bitcoin's market narrative is being shaped by its improving correlation dynamics with traditional equities. Analysts point to BTC's catch-up trade against the S&P 500 as a key catalyst underpinning the $90,000 price target.
Caitlin Long, founder of Custodia Bank, weighed in on whether the famed four-year cycle has finally broken down in favor of a more institutionally driven regime. She didn't explicitly state her view, but implied debate over historical patterns.
Grayscale Research outlined three structural reasons why Bitcoin may be worth accumulating at current levels: positioning and macro conditions rather than pure momentum.