Bitcoin Price Analysis: Potential Correction Despite ETFs and Halving

Analysts suggest that the traditional four-year market cycle of Bitcoin may be altered by the impact of massive U.S. spot BTC ETF inflows, potentially changing the cyclicality of Bitcoin's industry and leading to a shift in the next cycle driven by ETF approvals for assets like ETH, Solana, and Litecoin. Observations indicate that ETFs could add correlations and impact BTC prices, with opinions varying on the current stage of the bull cycle, ranging from less than 40% to later than expected in the traditional cycle, emphasizing the importance of tracking Bitcoin from both traditional and new perspectives.