The Four-Year Cycle Is Not a Law of Nature. Stop Treating It Like One.
Bitcoin's halving-driven boom-bust pattern emerged in a specific market structure that no longer exists. The next cycle will look different.
Maya Reyes//Dec 6, 2025//7m
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Bitcoin's halving-driven boom-bust pattern emerged in a specific market structure that no longer exists. The next cycle will look different.
Position-sizing strategies and exit timing rules built around prior Bitcoin cycles are now dangerous to follow without significant modification.