🎙️ Is the Bitcoin four-year cycle really dead, or is the next bull market just getting started?In this episode, Alex Richardson sits down with Bitwise CIO Matt Hougan to discuss why he believes retail investors still play a big enough role to keep Bitcoin's historic market cycle intact, even as institutional adoption accelerates.Hougan shares his outlook on where Bitcoin is headed next, why institutions are reshaping the market, which crypto narratives are gaining momentum, how token value capture could evolve, the changing role of Strategy, and why he believes Bitcoin could eventually move far beyond previous cycle highs.Topics include:- Is the four-year Bitcoin cycle still alive?- Institutional adoption vs. retail demand- Bitcoin's next bull market- Crypto narratives gaining traction- Token value capture and regulation- Strategy's evolving influence on Bitcoin🎧 Listen now and follow Bitcoin.com News on Spotify for more conversations with leading investors, founders, and industry experts shaping the future of Bitcoin, crypto markets, and digital finance.Chapters:00:00 Market Outlook and Bitcoin's Current Status07:03 Institutional Interest in Bitcoin and Crypto11:10 Value Accrual in Crypto Assets14:51 DeFi Trends and Future Prospects18:01 Meme Coins: A Risky Trend?19:11 Regulatory Landscape for Crypto20:40 Evolving Beliefs in the Crypto Space24:50 NFTs: Fad or Future?26:53 Bitcoin's Future and Market Sentiment