
Analyst: Bitcoin Could Hit $350K Under 8-Year Cycle Theory
- —Hyland expects BTC to exceed $250,000 this cycle
- —A 70% bear market would need a peak above $350,000
- —He counts the cycle from the July 1 low, now in month 44
- —Bitcoin dominance is above 57%, ETH holds 10.5%
Why it matters: If the eight-year cycle theory holds, Bitcoin's peak shifts to 2028, changing planning horizons for investors.
Source: Cryptonews.net