A major crypto asset management firm just dropped their latest take on Bitcoin's trajectory, and it's challenging conventional wisdom. They're calling for fresh all-time highs in 2026, but here's the kicker—they're completely writing off the traditional four-year cycle narrative that so many analysts still cling to.

The whole "halving every four years equals predictable bull runs" framework? They're not buying it anymore. Their research suggests market dynamics have evolved way beyond these simplistic patterns. Institutional flows, macroeconomic factors, and regulatory developments now play much bigger roles than mechanical supply cuts.

What's driving their bullish 2026 outlook isn't hopium—they're pointing to structural shifts in how capital moves through crypto markets. Spot ETF adoption continues ramping up, corporate treasuries are still accumulating, and the regulatory landscape in major economies keeps clarifying.

The timing prediction feels bold, especially when most folks still chart their expectations around halving dates. But maybe that's the point. Markets reward those who spot when old models stop working. Whether they nail the exact year or not, ditching outdated cycle theories might be the smartest move here.