Bitcoin’s four-year cycle is intact, but driven by politics and liquidity: Analyst

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Bitcoin's four-year cycle is still intact, but its drivers have shifted from the halving event to politics, liquidity, and elections, according to 10x Research's Markus Thielen.

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10x Research’s Markus Thielen says Bitcoin’s four-year cycle still exists but is now driven by politics, liquidity and elections rather than the halving.

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Original article published by Unknown on December 14, 2025.
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