Is the Four-Year Bitcoin Cycle Dead? Grayscale Explains Why BTC May Surge Anyway
For years, traders timed portfolios around a simple idea: halving, then run up, then crash, then repeat every four years. Grayscale’s latest research says that pattern is less reliable now.
The firm points to bigger forces — deep institutional flows, ETF plumbing and a changed ownership profile — that can drive price independently of the halving calendar.
2025-12-09Read