Matt Hougan: The Four-Year Cycle Isn’t Dead and Bitcoin’s Next Bull Market Could Be Huge

Bitwise CIO Matt Hougan argues that while institutions may be operating on a long-term adoption curve, retail still dominates enough of Bitcoin to keep the four-year cycle alive. In this interview with Alex Richardson, he breaks down the current market, the institutional bid, crypto narratives gaining traction, token value capture, regulation, Strategy’s changing importance, and why he thinks Bitcoin could eventually push far beyond previous highs. 🔺 Watch the full conversation to hear Matt Hougan’s complete outlook on Bitcoin, institutions, and the next bull market. Chapters: 00:00 Market Outlook and Bitcoin’s Current Status 07:03 Institutional Interest in Bitcoin and Crypto 11:10 Value Accrual in Crypto Assets 14:51 DeFi Trends and Future Prospects 18:01 Meme Coins: A Risky Trend