On-chain analyst Willy Woo predicted that Bitcoin (BTC)'s market cycle could potentially shift from the existing 4-year cycle to a 6-8-year cycle. Woo explained, "While the Bitcoin market has been significantly impacted by the shock of reduced new supply due to halving events, the current annual new supply has decreased to approximately 0.8% of the total supply, gradually weakening the impact of halving on the market. Consequently, the future Bitcoin price cycle is likely to be influenced more by the traditional financial market's 6-8-year short-term debt cycle than by the halving-centric 4-year cycle."