BITCOIN BROKE THE CLASSIC 4-YEAR CYCLE FOR THE FIRST TIME 2025 closing red confirms it. That has NEVER happened before. This doesn’t mean the bull market is over. It means TIMING and DRIVERS changed. Earlier cycles were about: - Halving shocks - Retail hype Today, the price follows: - Liquidity flows - Rates - Institutional bets The halving still matters, but its impact is smaller now. BTC is no longer moving on a clean 4 -year cycle. It’s moving with global liquidity and macro conditions instead. This cycle didn’t end. It’s extending into 2026.(Rekt Fencer)