Pickle Cat: Bitcoin's Four-Year Cycle Isn't Over – Market Habits Still Shape Trends

Market Structure Changes Don't Mean the Cycle Is Dead

Crypto trader Pickle Cat recently shared insights suggesting that while Bitcoin's market has evolved with ETFs and institutional participation, the traditional four-year cycle hasn't completely vanished.

Cyclical Forces Still at Play

When overlaying macro trends with Bitcoin's historical patterns, the period from late Q3 through year-end often presents structural headwinds for crypto markets. While the cycle's influence may have diminished, it remains a relevant factor.

Human Behavior and Liquidity Cycles Still Drive Markets

• Investor sentiment continues to reflect cyclical patterns
• Liquidity shifts still drive price action
• Positioning habits haven't been fundamentally altered by structural changes

This means a significant Bitcoin drawdown in late Q3 of 2026 wouldn't be surprising. Rather than panicking, this stage historically represents a prime buying opportunity for disciplined investors.