Bitcoin's Cycle Shake-Up: What's Changing?

Bitcoin's usual four-year cycle might be taking a break. This cycle, tied to the halving event, has historically driven price surges. But in 2025, Bitcoin ended the year lower than it started, breaking the pattern seen in 2013, 2017, and 2021. The halving, which cuts mining rewards in half, usually leads to a price boost. But this time, Bitcoin dropped over 30% from its peak in October. This shift has sparked debates among experts.Some argue the cycle is dead. They point to new players like institutions and ETFs, which trade based on different factors than retail investors. Others believe the cycle is still alive but evolving. They note that supply dynamics and miner behavior have changed. Crypto leaders have mixed views. Some say the cycle is gone, while others think it's just different now. The consensus? The halving still matters, but it's not the only factor driving Bitcoin's price.