BlockBeats News, on January 1st, Bitcoin closed the year at a lower price than at the beginning of 2025, marking the first time in history that a yearly decline has been recorded in the year following a halving. This has sparked intense discussions in the market about whether the “Bitcoin four-year cycle” has come to an end. Although the latest halving occurred in April 2024, BTC previously hit a historical high of $126,000 on October 6th, but then experienced a significant correction, currently down over 30% from the peak, with the annual performance weakening. Analysts point out that after the 2012, 2016, and 2020 halvings, Bitcoin all-time highs were reached in the following year, but this pattern has not continued in this cycle. Vivek Sen, founder of Bitgrow Lab, straightforwardly states that Bitcoin’s decline in the year after halving means the “four-year cycle is officially dead.” Investor Armando Pantoja believes that the addition of ETFs, institutional funds, and corporate balance sheets has shifted Bitcoin away from retail sentiment dominance, making it more influenced by macro factors such as liquidity, interest rates, regulation, and geopolitical issues. However, there are differing opinions. Markus Thielen, head of research at 10x Research, says that the four-year cycle still exists but is no longer driven solely by “programmatic halving,” instead unfolding in a new form. Divergences in the market’s view of Bitcoin’s long-term cycle structure continue to widen.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Whales accumulate 61,568 BTC despite the market downturn, Santiment indicates a bullish breakout signal.
Amid conflict in the Middle East and economic uncertainty, the whale group holding 10 to 10,000 bitcoins increased its holdings by 61,568 BTC over the past month, which is 280 times more than retail investors. Despite extreme fear in the market, whale accumulation behavior runs counter to market sentiment; historically, this kind of situation often signals a potential breakout. Analysts noted that while whales’ behavior suggests that accumulation could bring bullish signals, macro risks still need to be watched.
MarketWhisper6m ago
Michael Saylor Pitches Digital Credit as Next Crypto Phase as Strategy Dominates Corporate Bitcoin Buying
Strategy Chairman Michael Saylor told attendees at the Digital Asset Summit in New York on March 26, 2026, that “digital credit” represents the defining opportunity for crypto’s next phase, as his company’s STRC preferred stock—offering an 11.5% yield with 2% volatility—demonstrates the potential for Bitcoin-backed instruments to compete with traditional fixed-income products.
CryptopulseElite7m ago
Bitcoin Might Never Drop Below $59K Again - U.Today
Bitcoin's 200-week moving average has crossed $59,000, solidifying its status as a crucial support level. Historically, this average has provided stability during market downturns, though rare breaches have occurred, indicating potential cycle bottoms.
UToday11m ago
Bitcoin Whales Accumulate 61,000 BTC in a Month as Small Holders Chase Momentum
Bitcoin whales and sharks—wallets holding between 10 and 10,000 BTC—have accumulated 61,568 Bitcoin over the past month, increasing their holdings by 0.45%, while wallets with under 0.01 BTC added just 213 BTC over the same period, according to Santiment data published March 26, 2026.
CryptopulseElite40m ago
