Shifting Market Behavior
Bitcoin Swiss CEO Andrej Majcen has issued a warning to investors, stating that the Bitcoin market no longer behaves as it used to. According to Majcen, the significant influx of institutional money has rendered the traditional 4-year halving cycles obsolete. He further suggested that a new major financial crisis may be on the horizon within the next 3 to 5 years.
Bitcoin's Evolution
Andrej Majcen, CEO of Bitcoin Swiss, a long-established institution in the cryptocurrency world, made critical statements regarding structural changes in the market and the future of the global economy. Majcen argued that Bitcoin has transformed from a speculative asset into a wealth-preserving tool within a fragile global system.
The End of Traditional Cycles
Majcen stated that Bitcoin’s traditional “4-year price cycle” theory has now been broken. He noted that while factors like halving and US elections dominated the price in the past, today the market is driven by much larger forces. With the entry of giants like BlackRock and increased institutional adoption, the Bitcoin market has become far more sensitive to macroeconomic data and geopolitical situations.
Market Stagnation Amidst Positive News
Despite a very positive news flow, including JPMorgan accepting Bitcoin as collateral and Charles Schwab's strategic moves, Majcen attributes the price stagnation to “market uncertainties.” He notes that external factors such as Trump’s tariffs on China, the prolonged US government shutdown, and liquidation events have created a “wait-and-see” policy among investors, thereby delaying a new upward trend.
Outlook for the Global Economy
Painting a pessimistic picture for the global economy, Majcen expressed that a new financial crisis in the next 3 to 5 years is “not unrealistic.” He argued that structural issues, such as the impact of AI on the workforce and rising white-collar unemployment, could trigger such a crisis. The CEO believes that in such a scenario, Bitcoin would be the fastest recovering asset.
Understanding Bitcoin's Role
Majcen emphasized the importance of understanding what money truly is in today’s world. He advised viewing Bitcoin not just as a medium of exchange but as a crucial tool for intergenerational wealth transfer.