{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The DeFi Report","title":"Why does BTC continue to track the 4-Year Cycle?","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/7948f890\"></iframe>","width":"100%","height":180,"duration":2817,"description":"Bitcoin’s 4-year cycle may look arbitrary, but the data tells a deeper story. Ryan and Mike break down how leverage, credit, stablecoins, DeFi loans, miners, and Strategy drive crypto’s recurring booms and busts, and whether one final domino still needs to fall.\n----\n📣GALAXY | INSTITUTIONAL DIGITAL FINANCE\nhttps://bankless.cc/Galaxy            \n\n----\n🎯THE DEFI REPORT | FOLLOW & SUBSCRIBE\nhttps://thedefireport.cc/tdr-rss\nhttps://thedefireport.io/friends\nhttps://thedefireport.transistor.fm/\nhttps://x.com/the_defi_report\nhttps://x.com/JustDeauIt\n\n----\nTIMESTAMPS\n\n0:00 Intro\n5:21 Bitcoin’s Capital Base\n15:00 Leverage Drives the Premium\n20:07 Stablecoins and VC Flow\n23:08 On-Chain Loan Cycles\n26:08 Perps and Treasury Leverage\n32:14 Deleveraging and Hidden Risks\n34:29 Miner Capitulation\n37:12 Why Four Years?\n40:08 ETH and Solana Positioning\n\n----\nNot financial or tax advice. For educational purposes only.","thumbnail_url":"https://img.transistorcdn.com/lP4Yevy9NR9RPfTijbL4-ksbx-kOKq7JnYtbwM20Nzo/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9jNDZl/ZjZjNDNiZmU5NDE5/YTg1MjBkMmQwMGZl/MmZjYy5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}