Grayscale projects Bitcoin may achieve new highs by 2026; questioning the validity of the four-year cycle theory

Grayscale reports Bitcoin’s 32% pullback aligns with historical trends. This decline is noted as the ninth significant decrease within the current bull market.

Grayscale predicts Bitcoin might not descend into a deep cyclical downtrend and could achieve new highs in 2026, challenging the traditional four-year cycle theory.

Notable investments are funneled through exchange-traded products (ETPs) and digital asset vaults (DATs) rather than retail activity, while privacy coins like Zcash and Monero showcase significant gains.

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