Is Bitcoin still playing the four-year cycle? Long-term capital inflow data provides the answer.

【ChainWen】Bitcoin is still following the old pattern. Recent data released by crypto analyst Willy Woo shows that although BTC has surged to $91,000, the scale of long-term capital inflows has not reached the level of previous bull markets. What does this mean? According to his understanding, the market is still operating on the traditional four-year cycle.

Looking back to early 2020, Bitcoin was also in a buildup phase, with capital entering at a steady pace. The current situation is quite similar to that time. Woo believes that unless there is a significant deviation from the cycle pattern due to an extraordinary large-scale capital influx—i.e., unconventional behavior—the statement that “Bitcoin’s four-year cycle is dead” is basically unfounded. Based on current data, the logic of cyclical rallies still holds. Of course, this also reminds investors that the true capital frenzy may still be ahead.