3 hours ago
‘Very likely’ Bitcoin cycle will continue in some form: Gemini exec
A crypto executive said the Bitcoin four-year cycle is driven more by "human emotion" and will likely continue to play out in “some form.”
While Bitcoin’s four-year cycle may not play out exactly as it has in the past, that doesn’t mean the concept is entirely dead, according to a crypto executive.
“I think when it comes to the four-year cycle, the reality is that it’s very likely that we’ll continue to see some form of a cycle,” crypto exchange Gemini’s head of APAC region, Saad Ahmed, told Cointelegraph during a sit-down interview at Token2049 in Singapore.
“It ultimately stems from people get really excited and overextend themselves, and then you kind of see a crash, and then it kind of corrects to an equilibrium,” Ahmed said.
Source: Cointelegraph →Related News
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