The traditional 4-year Bitcoin cycle might not hold this time around. Industry insiders are questioning whether the market still follows the old playbook as macro conditions, institutional adoption, and regulatory landscape continue to evolve. Some argue that halving events no longer drive price cycles the way they used to, while others believe new market dynamics are fundamentally reshaping how crypto assets behave. The debate raises critical questions: Is the cycle framework becoming obsolete, or just transforming? Understanding these shifts matters for investors navigating the next market phase.