Lark Davis: Bitcoin bottomed at $57K, the four-year cycle is already broken
- —Davis cites about 12 on-chain and 12 technical indicators pointing to a bottom at $57,000
- —Bitcoin trades roughly 40% below its all-time high, while ETH and SOL are 50–70% below
- —ETF inflows should be judged against market cap, giving ETH a stronger supply-absorption effect
- —Davis compares Bitcoin's institutionalization to gold ETFs after 2004
Why it matters: If the four-year cycle is fading, bull and bear phases will be driven by macro liquidity rather than halving schedules.
Source: TokenPost