These are the reasons that will ‘relegate’ Bitcoin’s four-year cycle to history’s dustbin

Bitcoin’s traditional four-year cycle can rest in peace. Investors have long-expected Bitcoin to sing the same song every four years. A halving cuts the rewards for issuing coins, kicking off an explosive price rally and subsequent bull market. Later, when euphoria settles in and traders reckon price will never go down, investors start selling and the price collapses into a bear market. Not anymore, a growing number of analysts say. “The forces that previously drove four-year cycles — the bitcoin halvi ...