According to @CryptoMichNL, the four-year Bitcoin cycle does not exist and a peak will not occur during this period of the supposed cycle, shifting BTC trading focus toward macro drivers, source: X post on Nov 14, 2025 https://twitter.com/CryptoMichNL/status/1989358914094420251. He states Bitcoin is correlated to macro conditions and that macro factors are more important than the halving cycle for BTC, guiding traders to prioritize macro regime analysis over cycle narratives, source: X post on Nov 14, 2025 https://twitter.com/CryptoMichNL/status/1989358914094420251. He shares a video for deeper context behind this thesis for traders to review, source: YouTube https://youtu.be/Etzr7KuOolI.