End of the Four-Year Cycle Leaves Traders Without a Playbook
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One reason behind the cautious odds may be the fading relevance of Bitcoin’s traditional four-year halving cycle. For more than a decade, this pattern helped traders anticipate bull and bear phases — but its apparent breakdown has left markets without a familiar roadmap.
Without that framework, new pricing models are emerging, and uncertainty is reflected directly in prediction markets. Lower odds for higher price targets may not signal disbelief in Bitcoin’s future, but rather discomfort with timing. Traders seem unsure when the next leg up arrives, not if it does.
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belief in btc is still there, timing confidence is whats gone