最新报道:Grayscale Research challenges Bitcoin's four-year cycle theory, predicting new price peaks in 2025 instead of a post-halving crash. The firm notes the current 32% pullback from highs is consistent with historical bull market corrections exceeding 25%. This cycle is distinguished by institutional dominance via ETFs and corporate treasuries, contrasting past retail-driven patterns. Favorable macro conditions, including potential U.S. rate cuts and crypto legislation, support the outlook. Fundstrat's Tom Lee forecasts a strong year-end rally, citing the end of Fed quantitative tightening as a key liquidity catalyst mirroring a 2019 scenario that saw markets surge over 17%.