Bitcoin Traders Ditch Halving Cycle for Macro Factors

The way Bitcoin traders approach price movements has changed significantly over the past year. In 2026, their focus has shifted from traditional indicators like the halving cycle to macroeconomic factors such as CPI data, Federal Reserve policies, and global liquidity.

According to recent reports, institutional ownership of Bitcoin has grown to about 17.9%, linking its price movements closely to broader financial markets. This shift in focus is also attributed to the rise of spot Bitcoin ETFs, which have connected traditional investors to Bitcoin.

Economic data releases are now key triggers for price changes in Bitcoin. As a result, traders will be closely monitoring economic calendars over blockchain metrics to gauge Bitcoin's trajectory going forward.