
For years, the Bitcoin price behavior has followed a four-year-long course-bank events led to the bull runs, followed by market corrections. But according to Hogan, the chief investment official of BitWise Asset Management, this narration no longer fits the current scene in the market.
A four -year course has died, “ Hogan told the investors, pointing to the deepest structural transformations that constitute the next stage of the development of encryption.
Institutional flows and ETF demand to reshape the market
Instead of the fluctuations driven by half, the market is now affected by long -term capital flows and organizational progress.
The investment funds traded in Bitcoin approved by the United States attracted more than $ 14 billion of net flow, allowing the main investors to reach encryption without managing key or special exchanges. Hojan notes that institutions such as pension funds and hedge boxes are adopting sustainable positions, which reduces dependence on retail speculation.
In addition to the momentum is GeniusA law was signed in early 2025, where he made clearer guidance for encryption operations in the United States, and this clarity has sparked a wave of institutional confidence, which paves the way for strategic investments in Bitcoin and Ethereum, which now has more than 33 million ethics, according to Pixchyan.
Bitcoin price trends to the upside on the daily chart. Source: BTCUSD on Tradingview
Altcoins like XRP acquire momentum
Although market courses become less predictable, investors focus on Altcoins with the benefit of the real world. XRP, despite its long legal battle with SEC, has returned to appear as a strong competitor.
Its increased adoption in border payments and support from global financial entities, including the investment interest from the United Arab Emirates, places it as one of the best observations. Some analysts believe that XRP can exceed $ 5 in the next session, driven by the state of use of international institutions and traction.
Hougan sees in 2026 a possible year, not for explosive nails, but for permanent and falling growth. For investors, this may lead to a shift from an attempt to time courses to understanding long -term trends, and this may be the biggest adaptation to Crypto so far.
Image coverage of Chatgpt, BTCUSD Chart from TradingView

Editing process For Bitcoinist, it is focused on providing accurate, accurate and non -biased content. We support strict resource standards, and each page is subject to a diligent review by our team of senior technology experts and experienced editors. This process guarantees the integrity of our content, importance and value of our readers.