This is a speculation for entertainment purpose and not an investment advice. But I do not just make guesses, I make analyses before speculating.
We are still going on one more bull market before the bear market will come. What do you think the price of bitcoin will increase to this time?
Are we still going to ATH in 2025?
Of course, it is not a matter of telling a story from the heart. We all need to do our research and talk. The first 3 months of 2025 have passed but we have not seen much of an ATH.
In my opinion, day traders and crypto traders are behind this. Because most traders start selling as soon as the price increases slightly. As a result, the price starts to fall before it increases. Again, many small investors are getting scared when they see the price decrease, and are selling their investments unnecessarily.