According to @simplykashif, Raoul Pal of Global Macro Investor states the typical 4-year Bitcoin cycle has shifted to a 5-year cycle due to changes in U.S. debt dynamics, placing BTC’s cycle peak in Q2 2026 (source: @simplykashif on X, Dec 2, 2025). According to @simplykashif, this revised timeline anchors a later potential top for cycle-based traders to map into mid-2026, with the macro driver explicitly cited as U.S. debt changes by Raoul Pal (source: @simplykashif on X, Dec 2, 2025).