Crypto analyst Sykodelic has challenged the widely accepted four-year cycle theory of Bitcoin, arguing that it is fundamentally flawed. In a post on March 17, Sykodelic criticized the model for relying on limited historical data and lacking a solid economic foundation. Instead, he proposed that Bitcoin's market behavior aligns more closely with the business cycle, which is supported by major market charts. Sykodelic highlighted that during economic contractions, gold prices rally and peak when the ISM Manufacturing Index signals expansion. He suggested that Bitcoin's true bull phase begins when macroeconomic certainty returns, leading to a decline in Bitcoin Dominance. The analyst emphasized that the current cycle's uniqueness stems from a misinterpretation of the business cycle, which many overlook due to a focus on the four-year cycle theory. Sykodelic concluded that the current market cycle is weaker due to a prolonged business cycle contraction, affecting altcoin performance despite gold's rally. He warned that traders adhering to the four-year cycle may be caught off guard as the market dynamics shift.