Description: Bitcoin was supposed to follow the same script every four years. This time, it didn’t. New all-time highs before the halving, ETFs absorbing sell pressure, and institutions changing how the market moves raise a hard question. Is the 4 year cycle breaking, or just evolving into something most people are not ready for.

We’ll talk about:

• How the 4 year cycle was built around Bitcoin halving and why it worked for over a decade
• Why new highs before the 2024 halving challenge everything investors believed about the cycle
• How ETFs, institutional flows, and macro factors now influence Bitcoin price behavior
• What this means for risk management, positioning, and strategy if the cycle is no longer predictable

Keywords: 4 year cycle, Bitcoin halving, Bitcoin ETFs, institutional investors, JP Morgan, Bernstein, Cathie Wood, crypto market cycles, risk management