Bitcoin Price Cycle Breakdown: K33 Research Predicts End of Four-Year Halving Pattern
The traditional four-year price cycle of Bitcoin may be breaking down, according to K33 Research.
The analysts say that the impact of halvings on Bitcoin's price is much smaller today than it used to be. In the past, new price highs tended to arrive about a year after the mining reward halving events, but this pattern no longer applies.
K33 describes Bitcoin as moving away from being a purely speculative asset and becoming a store of value that reacts to global trade tension and inflation pressure.
The researchers point to wider institutional access and growing interest from sovereign entities as reasons the old cycle may no longer apply. This shift means Bitcoin's price may now track macroeconomic events more closely than past halving cycles.