$6 billion in institutional outflows + extreme panic—this script is familiar, but will the familiar script backfire this time?

CoinJie News, Cryptonews reports: Bitcoin’s current price is approaching $60,000, down more than half from the peak in October last year. Trader sentiment is in extreme panic, and institutional funds have been flowing out for six consecutive weeks. The key question facing the market right now is whether the famous four-year cycle still dominates Bitcoin, or whether institutions have already broken this pattern. Bitcoin’s price has fallen by about 52%, retreating from the $126,000 all-time high set in October 2025. The market sentiment indicator, the Fear and Greed Index, shows extreme fear. Institutional outflows from Bitcoin ETFs have reached nearly $6 billion, marking the largest sustained redemption wave since these funds were launched. Analysts note that Bitcoin is currently at a true crossroads, with bearish evidence and reverse signals roughly balanced. The question of the four-year cycle will determine how the market is interpreted.