According to BitMedia, the Bitcoin 4-year cycle theory, which links price surges to halving events, is being questioned after the 2024 halving failed to trigger the expected bullish rally. Analysts argue that the theory lacks scientific foundation and is based on limited historical data. Experts like Joe Carlasare and Tim Draper suggest the influence of halvings is diminishing as the market matures and macroeconomic factors gain more weight. Outlier Ventures even claimed the halving effect 'died' in 2016, urging investors to abandon outdated patterns.
Bitcoin 4-Year Cycle Theory Under Scrutiny After 2024 Halving Fails to Trigger Rally
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