Bitwise Sees Bitcoin Entering a New Era With Fresh Highs Beyond 2025

Traditionally, the movements of the cryptocurrency markets have had repeated rhythms that have demonstrated the same patterns as before; therefore, based on the fact that all three of those factors contribute to the performance of the cryptocurrency markets as well as their performance. For more than a decade, Bitcoin four-year cycle has served as a reference point for investors and analysts to evaluate cryptocurrency performance.

The company has identified that not only have institutional investors increased their interest in the crypto space, but they have also increased their regulatory requirements and created unique capital market behaviours for cryptocurrency. With these changes, it may be possible for Bitcoin to continue its upward trajectory throughout 2026 and beyond (in addition to potentially reaching much higher price levels than might have previously been projected as per the four-year cycle). All of this represents a significant deviation from traditional assumptions regarding how the digital asset markets operate.

The firm also highlights Ethereum and Solana as major beneficiaries of this shift. If lawmakers pass the CLARITY Act, market confidence could strengthen significantly. Bitwise believes this regulatory breakthrough may accelerate adoption, deepen liquidity, and support sustained price growth. Together, these forces could mark the end of the Bitcoin four year cycle as investors know it.

🔥 BULLISH: Bitwise predicts $BTC will break the four-year cycle and reach new all-time highs in 2026, with $ETH and $SOL also hitting ATHs if the CLARITY Act passes. pic.twitter.com/M4da2nckrO

— Cointelegraph (@Cointelegraph) December 18, 2025

Why Bitwise Believes the Bitcoin Cycle Is Changing

The Bitcoin four year cycle historically revolved around supply shocks triggered by halving events. Reduced issuance often led to rapid price appreciation, followed by speculative excess and sharp corrections. This pattern repeated consistently, reinforcing investor expectations. However, Bitwise notes that today’s market looks fundamentally different.

Large institutions now dominate trading volumes and long-term holdings. These players operate with disciplined strategies rather than emotional speculation. As a result, price movements increasingly reflect macro trends instead of retail hype. Bitwise believes this structural maturity weakens the traditional cycle’s influence.

How Regulation Could Redefine Crypto Market Behavior

Crypto market regulation plays a critical role in Bitwise’s bullish thesis. Uncertainty has long limited institutional exposure, despite strong interest. The CLARITY Act aims to resolve jurisdictional confusion and establish clear asset classifications. This clarity could unlock sidelined capital across global markets.

Bitwise believes regulation no longer represents a threat but a growth catalyst. Clear rules help asset managers design compliant products and attract conservative investors. This change supports stable inflows rather than speculative spikes. Over time, crypto market regulation could replace cycles with sustained growth trends.

Ethereum’s Growth Path in a Post-Cycle Market

Ethereum stands at the center of Bitwise’s outlook beyond Bitcoin. The network powers decentralized finance, tokenization, and enterprise blockchain solutions. As adoption expands, Ethereum price outlook increasingly depends on utility rather than speculation. This shift aligns with Bitwise’s cycle-breaking thesis.

Ethereum staking also changes supply dynamics significantly. Locked ETH reduces circulating supply while rewarding long-term holders. Bitwise believes this mechanism creates price stability over time. As institutional staking solutions grow, Ethereum price outlook improves further.

Solana’s Role in the Next Crypto Expansion

Solana represents another major opportunity according to Bitwise. The network focuses on speed, scalability, and low costs, attracting developers and users. These strengths position Solana well for mass adoption. Bitwise sees Solana benefiting directly from increased regulatory confidence.

As institutions explore blockchain applications, performance matters. Solana supports high-volume applications without congestion. This advantage could drive sustained demand rather than short-term speculation. Bitwise believes Solana may follow Ethereum’s growth path faster.

What This Means for Long-Term Investors

For investors, Bitwise’s outlook signals a strategic shift. Timing cycles may matter less than understanding fundamentals. Network usage, regulation, and institutional flows could drive returns. This change rewards patience and research.

Ethereum price outlook and Solana adoption both reflect this evolution. Projects with real-world utility may outperform speculative narratives. Investors who adapt early may benefit most.

Bitwise’s forecast does not eliminate volatility entirely. However, it suggests volatility may trend lower over time. This stability could attract broader participation and further reinforce growth.