Pierre Rochard believes the traditional four-year Bitcoin halving cycle is losing its predictive value, suggesting that Bitcoin’s performance now correlates more with macroeconomic factors like interest rates.

Quotes that support claims

Higher Fed rates pull capital out of Bitcoin — that’s what slows adoption.’

Rochard believes the four-year halving model is losing relevance for price prediction purposes. ‘Bitcoin’s CAGR is now tied to interest rates,’ he said.