Skip to content

Bitcoin’s 4-Year Cycle on the Chopping Block: Has the Halving Era Finally Ended?

2025-08-11 19:36:29

Bitcoin’s 4-Year Cycle on the Chopping Block: Has the Halving Era Finally Ended?

Main Idea

The article discusses the debate over whether Bitcoin's traditional four-year cycle, historically tied to halving events, is no longer relevant due to increased institutional adoption and global liquidity factors.

Key Points

1. Matthew Hougan, CIO of Bitwise Asset Management, declared that Bitcoin's four-year cycle is over, citing ETF and institutional buying as new drivers.

2. Social media accounts like 'Simplifying Stocks' argue that Bitcoin's cycle is outdated, pointing to widespread buying by retail, institutions, and governments.

3. Crypto Dad on X contends that Bitcoin's past bull runs aligned with global liquidity peaks (e.g., QE programs) rather than just halvings, calling the halving a 'spark' and liquidity the 'oxygen.'

4. Crypto influencer Marty Party claims the 2020 bear market was artificially created and that Bitcoin is now in an 'institutionalized' phase, moving beyond the four-year cycle.

5. The debate suggests Bitcoin's price movements may now be influenced more by macroeconomic factors and institutional participation than halving events alone.

Description

In crypto, theories have a way of spinning up like dust devils, and lately, one in particular has been making the rounds — that bitcoin’s notorious four-year cycle may have run its course. Supporters of the “cycle is dead” camp say the pattern is breaking apart, citing shifts like rising institutional participation, the advent of

>> go to origin page

More Reading