Shawn Owen Claims Bitcoin Has Entered Its First Institutional Cycle

WHY IT MATTERS

Bitcoin's price has historically moved in roughly four-year cycles, often linked to events called "halvings" that reduce the rate at which new Bitcoin is created. In past cycles, most of the buying and selling was done by individual people, sometimes called retail investors. Recently, large financial companies and investment funds — known as institutional investors — have started buying Bitcoin, partly through new investment products called ETFs (exchange-traded funds), which work like buying a stock that tracks Bitcoin's price. Think of it like a neighborhood farmers market that suddenly gets attention from big grocery chains — the dynamics of who is buying and how much they buy can change significantly. The claim here is that this shift is now the defining feature of Bitcoin's current cycle, though not everyone agrees on how far along this transition actually is.