Gemini's APAC head, Saad Ahmed, has expressed confidence that Bitcoin's four-year cycle will persist, even as institutional adoption grows. Ahmed highlighted that while institutional involvement might dampen volatility, it is unlikely to disrupt the cyclical nature driven by halving events and retail sentiment. Analysts are eyeing October 2025 as a potential peak if historical patterns hold true, with the cycle characterized by supply shocks from halvings and retail-driven waves.