🚨 Outlier Ventures: Bitcoin's 4-Year Halving Cycle Is No Longer "Applicable"

Outlier Ventures published a new report on September 3, stating that investors should no longer put too much faith in the 4-year price cycle of Bitcoin after the world's largest cryptocurrency had its worst post-halving growth in history.

Outlier Ventures' head of research Jasper De Maere wrote in the report:

⚫️Four months after the latest Bitcoin halving event, we are witnessing the worst price volatility ever.

⚫️Halving has no longer had a fundamental impact on the price of BTC and other digital assets, the last time it did so was in 2016. It is time for investors and project leaders to stop believing in the 4-year cycle of the cryptocurrency market as it is now maturing more.

However, there are still notable exceptions such as the Bitcoin price in 2024 set a new ATH peak of $ 73,840 in March, before the halving took place, breaking the price model of previous halvings. This is seen as a consequence of the approval of US BTC ETFs, opening the door for large investment organizations in the US to directly access Bitcoin.

Similarly, Bitcoin after the 2020 halving also grew strongly thanks to external factors such as the COVID-19 pandemic that forced the Fed to inject money to rescue the market, the US Presidential election, or the rise of DeFi projects at that time.

Therefore, it cannot be ruled out that external factors can still affect the price outlook of Bitcoin in particular and other coins in the cryptocurrency market.