BlockBeats News, on January 1st, Bitcoin closed the year at a lower price than at the beginning of 2025, marking the first time in history that a yearly decline has been recorded in the year following a halving. This has sparked intense discussions in the market about whether the “Bitcoin four-year cycle” has come to an end. Although the latest halving occurred in April 2024, BTC previously hit a historical high of $126,000 on October 6th, but then experienced a significant correction, currently down over 30% from the peak, with the annual performance weakening. Analysts point out that after the 2012, 2016, and 2020 halvings, Bitcoin all-time highs were reached in the following year, but this pattern has not continued in this cycle. Vivek Sen, founder of Bitgrow Lab, straightforwardly states that Bitcoin’s decline in the year after halving means the “four-year cycle is officially dead.” Investor Armando Pantoja believes that the addition of ETFs, institutional funds, and corporate balance sheets has shifted Bitcoin away from retail sentiment dominance, making it more influenced by macro factors such as liquidity, interest rates, regulation, and geopolitical issues. However, there are differing opinions. Markus Thielen, head of research at 10x Research, says that the four-year cycle still exists but is no longer driven solely by “programmatic halving,” instead unfolding in a new form. Divergences in the market’s view of Bitcoin’s long-term cycle structure continue to widen.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin ETFs See $213M Daily Inflow, Ethereum ETFs Record $83M Outflow on April 24
Gate News message, according to the April 24 update, Bitcoin ETFs recorded a single-day net inflow of 2,733 BTC (approximately $213.15 million), with a 7-day net inflow of 18,232 BTC (approximately $1.42 billion). Ethereum ETFs showed a single-day net outflow of 35,713 ETH (approximately $82.93 mill
GateNews3h ago
Bitcoin Breaks $78,000 but Falls 0.47% Intraday
Gate News message, April 24 — Bitcoin broke through $78,000 today, though it recorded a 0.47% decline over the intraday period.
GateNews3h ago
Project Eleven awards Q-Day 1 BTC bounty: researchers use a quantum computer to crack a 15-bit elliptic curve key
Project Eleven, a nonprofit organization focusing on research into “Q-Day (Quantum Computer Breaks Blockchain Cryptography Day),” announced on 4/24 that it would award a $1 Bitcoin bounty to independent researcher Giancarlo Lelli. Using a Shor algorithm variant on publicly accessible cloud quantum computer hardware, Lelli successfully cracked a 15-bit elliptic curve key—marking the largest public quantum attack demonstration to date.
Attack Scale and Significance
Project Content Winner Giancarlo Lelli (Independent Researcher) Attack Target 15-bit elliptic curve key, searching 32,767 possibilities Using Hardware Publicly accessible cloud quantum computers Algorithm Shor
ChainNewsAbmedia3h ago
Nasdaq-Listed Nakamoto Unveils Active Bitcoin Derivatives Strategy Since Q1 2026
Gate News message, April 24 — Nakamoto, a Nasdaq-listed company, has announced an actively managed Bitcoin derivatives program running since Q1 2026. The strategy aims to generate recurring volatility income from a portion of the company's Bitcoin holdings while hedging against downside price
GateNews4h ago
Metaplanet Issues $50 Million in Zero-Interest Bonds to Fund Bitcoin Purchases
Gate News message, April 24 — Japanese bitcoin treasury firm Metaplanet announced on Friday that it is issuing 8 billion Japanese yen (approximately $50 million) in zero-interest ordinary bonds to fund future bitcoin purchases. The bond issuance was fully subscribed by EVO Fund, a Cayman
GateNews4h ago
Abraxas Capital Deposits 4,835 BTC Worth $378M to Major CEX
Gate News message, April 24 — According to on-chain data tracked by Lookonchain, Abraxas Capital deposited 4,835 BTC, valued at approximately $378 million, to a major CEX in the past hour.
The institutional investor also transferred 6,000 XAUT tokens, worth approximately $28 million, to several maj
GateNews5h ago
