According to @AltcoinDaily, Bitwise CIO Matt Hogan says he expects the crypto market to be up next year (2026) and that Bitcoin’s 4-year cycle is dead, replaced by a 10-year institution-driven grind that began in 2024 (source: @AltcoinDaily post on X dated Dec 27, 2025). For traders, this shifts focus to sustained institutional participation and trend durability rather than halving-timed bursts, according to @AltcoinDaily’s summary of Hogan’s view (source: @AltcoinDaily). @AltcoinDaily also cites Bitwise’s approximately $15 billion scale to underscore the institutional backdrop supporting this outlook (source: @AltcoinDaily).