G’day Folks,

I had the great pleasure of meeting Alex Thorn in Nashville, where we were joined by Dylan LeClaire to discuss whether the 4yr Bitcoin cycle is likely to persist. This is a question I get all the time, and one which I am still processing my own thoughts around.

After listening to a tremendous monologue by Alex on the Galaxy Brains podcast (recommended add to the rotation), I had to pick his brains on how market structure and cycles are likely to evolve in the years ahead.

In this conversation, we go down numerous rabbit holes, including:

Our broad overview of the Bitcoin and crypto landscape.

Headwinds and opportunities facing the industry.

Analysis of the major BTC sell-side entities over the last 6 months.

The impact of ETFs, futures and options.

Whether the 4yr cycle is likely to persist, or has it already broken?

Key catalysts to watch out for now and in the future.

This was a cracking conversation, and I hope you enjoy it as much as I did. If so, please consider sharing the episode and giving us a rating on Spotify/Apple Podcasts, as it helps more folks find our work.

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