Q1 is over and Q2 has just started with BTC making a fool of everyone, give hope of pumping back to 90k but faced a rejection and went for a new low currently lots of traders don't know what to think of the crypto market anymore project postponing their listing date and all things isn't looking suitable for the BTC. Does anyone think we would see BTC at 103k this year, or we would get to 50k or even lower? What are your expectations for BTC this year?
No, Bitcoin is not making a fool of anyone, it's just that many people do not want to accept the reality, they just don't want to take a no for an answer despite knowing that Bitcoin has its cycle and that it will slip into the bearish trend in 2025. They expected that later, which is why they are paying for it now. If I'm not mistaken, the bearish warning started in February, and strangly, it was above $100,000 then. Strange right? If you know, you know, talk is cheap. Even if many didn't get the signal early, what about several weeks of warning afterwards? People like to follow popular voices, but they mislead at times.
Why would it go into bearish in 2025? By historical reasons, when you look at it, it is one calendar year later after halving when it reaches the peak bull run, so what type of data do you have that shows that bitcoin will be going down? Our data (as bull investors and bitcoin maximalists) is that, in 2014, in 2017, in 2021, all of those times, it was one year after the halving when it peaked, and right now in 2024 we had one, so in 2025 we were expecting one as well.
I understand 2026 could be bear, there is no doubt about that, it could very well be a bad year in 2026, but in 2025 it should be going up because that is how the bull run worked so far and that is what our expectation is at the same time as well.