Blockware Intelligence Newsletter: Week 185
Bitcoin on-chain analysis, mining analysis, macro analysis; overview of 7/26/25 - 8/1/25
Blockware Intelligence Featured in Forbes
Mitchell Askew, Head of Blockware Intelligence, was featured in a Forbes article this week, highlighting his analysis in a recent X post on the institutionalization of Bitcoin and the end of the traditional “4 year cycle.”
Below is X post in reference.
Blockware Intelligence premium subscribers got early access to this information. If you’ve been an active reader of our premium newsletter, you’ll know that we’ve been beating this drum nonstop. We believe that Bitcoin’s highly-volatile, retail + halving driven cycles are a thing of the past. That’s not to say BTC will not go higher – in fact, we believe it will go much higher over the next 12 months. However, it will not experience the 10 to 20x single-year returns that it has in bull markets past, nor will it experience the 75% drawdowns it has in bear markets past. Our base case case is a steady march higher over the next decade, swaying between regimes of pumps and consolidation, with “bear markets” likely being no more than a 30% drawdown.
