Bitcoin’s New Era: Liquidity, Macro, and the End of Four-Year Cycles | Nik Bhatia

<p>Nik Bhatia breaks down why Bitcoin may have broken free of its four-year cycle and what that means for the next decade. </p> <p>We discuss Bitcoin's market maturity, compressed volatility, and how new corporate demand are reshaping price dynamics — and why this could mean an end to drawn out bear markets and blow-off tops. </p> <p>We get into how macro forces like liquidity, rate policy, and U.S. fiscal dominance intersect with Bitcoin, whether Powell vs. Trump really matters, and why Bitcoin could hit $1 million by 2032. </p> <p>In this episode: </p> <ul> <li>Why the four-year halving cycle may be over</li> <li>How corporate treasury strategies are changing Bitcoin’s market structure</li> <li>The role of liquidity and treasury markets in driving Bitcoin price</li> <li>What Powell vs. Trump means for rates, inflation, and Bitcoin</li> </ul> <p><strong>THANKS TO OUR SPONSORS:</strong></p> <p><a href="https://www.iren.com/"><strong>IREN</strong></a></p> <p><a href="https://river.com/wbd"><strong>RIVER</strong></a></p> <p><a href="https://www.anchorwatch.com/"><strong>ANCHORWATCH</strong></a></p> <p><a href="https://mining.blockwaresolutions.com/wbd"><strong>BLOCKWARE</strong></a></p> <p><a href="https://ledn.io/?utm_source=podcast&utm_medium=partnership&utm_campaign=2025_whatbitcoindid&utm_content=ad_read"><strong>LEDN</strong></a></p> <p><strong>Follow:</strong></p> <p>Danny Knowles: <a href="https://x.com/%5C%5C%5C_DannyKnowles">https://x.com/_DannyKnowles</a> or <a href="https://primal.net/danny">https://primal.net/danny</a></p> <p>Nik Bhatia: <a href="https://x.com/timevalueofbtc">https://x.com/timevalueofbtc</a></p>