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The Bitcoin Halving cycle is no longer relevant to the market trend: Really?

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Since 2009 or since the first time Bitcoin launched the Bitcoin Halving theory has always been a reference for traders and investors has always made the Bitcoin Halving cycle as a glance to read market trends, but it seems that at this time the phenomenon of the Bitcoin Halving cycle is starting to fade or no longer have a significant impact on market trends.

Based on Ki Young Ju's tweet, Cryptoquant CEO, at X (@ki_young_ju), on Friday (07/25/2025, according to him the Halving Bitcoin Cycle is no longer relevant or has become obsolete,
Because the market cycle has changed a lot, now bitcoin is more dominated by whalas both individuals, institutions or countries, and they are holding bitcoin for the long term,

In addition, according to the Draper Team (Professional Investor) also has a similar opinion published at cointelegraph.com/news/macro-factors-dampen-bitcoin-halving-tim-draper, that macroeconomic factors such as the decline in USD currency will also reduce the impact of Bitcoin Halving.
 
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Yeah! He is absolutely right. The bitcoin trend have surpassed expectations! There is no need to use the halving theory again because bitcoin is always on positive run. A lot of political factors have caused the coin to continuous gain ground.
 
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