Uploaded August 2025 | Updated September 2026, 1 week ago

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In this clip, Michael Terpin pushes back on claims that Bitcoin's 4-year cycle is dead. He lays out compelling historical and onchain evidence that the cycle still drives price action—just with diminishing returns each time. While macro and regulation now play a bigger role, Terpin argues that retail psychology remains the dominant force, and that even today’s more “mature” ETF-driven retail is still buying late and panicking early. Enjoy!
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Full Episode:
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