#比特币四年周期将改变？
As a veteran in the crypto space for many years, the four-year cycle of Bitcoin has always been a focus of mine. From historical data, Bitcoin has experienced major bull markets in 2012 - 2013, 2016 - 2017, and 2020 - 2021, followed by bear markets, suggesting a cyclical pattern every four years. This is primarily influenced by Bitcoin's halving mechanism, which reduces market sell pressure and makes it easier for prices to rise.
However, this year, I feel that things are a bit different. First, the approval of the Bitcoin ETF ($BTC ) has provided a compliant channel for significant capital to enter; then Trump signed an executive order that is favorable for cryptocurrencies, designating digital assets as a national priority and planning to establish a regulatory framework, even considering a national cryptocurrency reserve, which could attract trillions of dollars in capital.
From the perspective of market participants, previous bull markets relied mainly on retail investors, but now institutional funds have become dominant, leading to reduced market volatility. Moreover, the regulatory stance has shifted from suppression to promoting development, and long-term capital continues to enter the market. With so many new changes, I can't help but wonder, is the four-year cycle of Bitcoin really about to change? Will there still be a significant correction in 2026 like before? What does everyone think? Feel free to discuss together.