The influence of Bitcoin's halving events on its pricing is diminishing as institutional capital increasingly shapes the market, according to Grayscale. Unlike the volatile surges seen in 2013 and 2017, recent price increases have been more stable, with a typical bull-market correction following a 30% drop. Historically, Bitcoin's price has followed a four-year cycle, where halvings reduce supply and create scarcity, leading to price spikes. However, as more Bitcoin circulates, each halving's impact lessens. Grayscale's analysis suggests that current market dynamics are driven by institutional demand, regulatory developments, and macroeconomic factors rather than just supply shocks. The research indicates that Bitcoin's price behavior is becoming less tied to the four-year cycle, with long-term holders controlling more supply and reducing volatility.$BTC While corrections are still expected, they do not necessarily indicate a bear market. Analysts are now focusing on onchain metrics and institutional flows, reflecting Bitcoin's evolution into a significant asset in the global financial landscape.#TrumpTariffs #USJobsData #BinanceAlphaAlert