MicroStrategy founder Michael Saylor told a major industry summit this week that the Bitcoin 4-year cycle is dead. The predictable boom-and-bust pattern tied to each halving event is no longer relevant, he argued. Saylor declared the 'halving hype' officially over.
What Saylor said
Saylor didn't sugarcoat it. The old rules don't apply anymore, he said. He argued that the predictable patterns of the Bitcoin cycle are no longer applicable. The halving hype is done. That's a bold claim from the man whose company holds billions in Bitcoin.
Why the timing matters
The statement comes just two years after the most recent halving, with the next one due in 2028. Historically, Bitcoin's price would run up in the year after a supply cut. Not this time, says Saylor. He sees a new normal where institutional flows and macro factors matter more than the block reward schedule.
A bet on the next halving
Whether the cycle is truly dead or just resting, Saylor has drawn a clear line. His view will be tested when the next halving hits in 2028. Until then, he's betting that the old rhythm won't return.
