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Bitcoin's traditional 4-year price cycle may be ending as it shifts to a store of value amid macroeconomic influences.

Market News
29 Jul 2026
Blockonomi
View Source
Bullish
pluang ai news

Bitcoin's historic four-year price cycle, tied to mining reward halvings, may no longer apply as the asset matures into a store of value influenced more by macroeconomic factors like inflation and global trade tensions. Analysts at K33 Research note that the impact of halvings on price is diminishing due to wider institutional access and sovereign interest. Bitcoin recently held near $118,300, rising 6.6% for the week after cooler U.S. inflation data, while U.S. spot Bitcoin ETFs saw ten consecutive days of inflows led by BlackRock's IBIT fund. Traders remain divided on whether Bitcoin can reach $150,000 by Q3, with some citing seasonal slowdowns and market fatigue, while others point to ETF demand, limited supply, and potential Fed rate cuts as bullish factors.

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