Bitcoin’s price movements are increasingly tracking traditional business cycles rather than responding primarily to halving events, according to new macro-focusedBitcoin’s price movements are increasingly tracking traditional business cycles rather than responding primarily to halving events, according to new macro-focused
Bitcoin Is No Longer Just About Halvings
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Bitcoin’s price movements are increasingly tracking traditional business cycles rather than responding primarily to halving events, according to new macro-focused analysis. Bitcoin researcher Sminston With, who holds a PhD in science and engineering, outlined the shift in a post on X. He argues that what began as a loose relationship has grown significantly stronger since 2016, to the point where the so-called “Bitcoin cycle” is now largely a reflection of broader economic conditions rather than an isolated crypto-driven phenomenon. https://twitter.com/sminston_with/status/2020885172225458673 Macro Signals Outpacing Halvings in Price Impact The analyst compared Bitcoin’s long-term price behavior with the overall health of
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