Edited By
Charlotte Dufresne

A growing number of analysts are challenging the narrative that the crypto bull market is over. While skeptics cite economic struggles and a lack of retail euphoria, supporters highlight key indicators suggesting that the upward trend may not be finished yet.
Critics argue that the current market lacks the fervor typical of previous cycles. For instance, notable peaks in 2013, 2017, and 2021 saw retail traders pouring inβthink crazy price jumps and everyone talking about Bitcoin. A user remarked, "This is the premium-grade confirmation bias I came here to indulge in."
Historically, Bitcoin tends to peak 12 to 20 months after a halving event, which last occurred in 2024. Many in the community estimate a price surge between Q4 of 2025 and Q1 of 2026, contradicting claims that the bull market is done. "Every true cycle top was characterized by mania," one analyst pointed out, referencing past patterns.
Despite bearish sentiment, important metrics signal ongoing expansion. The overall crypto market RSI peaked around 76, which analysts interpret as mid-cycle rather than a downturn. Additionally, global liquidity is still growing, injecting around $1 trillion every three months. A commenter echoed this sentiment by stating, "30% drawdowns are normal in a bull until that happens Iβll stay hopeful."
The conversation around cryptoβs future reveals a blend of enthusiasm and skepticism. Some users express doubt, citing diminishing returns and economic troubles impacting retail investments. Comments highlight worries about inflation dampening enthusiasm: "Thereβs no retail interest because the economy has been limping all year."
On the flip side, some are optimistic, viewing the current dip as a chance for stronger positioning down the line. "Weβre in the bear trap. Be patient, you sissys," one user confidently noted.
"Bitcoin historically peaks 12-18 months after the halving. Expected peak? Late 2025 to early 2026."
β A common sentiment among analysts
β― Economic struggles are leading to cautious sentiment in retail markets.
β Bitcoinβs peak cycles suggest a timeline extending into 2026.
β Global liquidity is expanding, which could fuel a market resurgence.
Overall, while the current landscape appears challenging, the signs of potential growth remain present, compelling many to reconsider their pessimistic views. Are we witnessing a classic mid-cycle shakeout, or is it indeed a final call before the bear market? Only time will tell.
As the market progresses, there's a strong chance we could see Bitcoin's price begin to rise significantly as we move toward late 2025 and early 2026. Analysts estimate about a 70% probability that the upward trajectory will align with historical patterns following the recent halving event. Continued growth in global liquidity has the potential to bolster investments, while economic uncertainties could lead some retail traders to hesitate. Therefore, a gradual recovery in retail interest, particularly if economic indicators stabilize, might push prices beyond previous highs. If community sentiment shifts positively, it could ignite renewed enthusiasm, leading to marked price appreciation across the crypto space.
This situation bears an interesting resemblance to the 19th-century Parisian art scene, where periods of economic downturn often led to bursts of creativity. Artists like Monet and Renoir flourished amidst financial struggles, finding inspiration in challenge rather than despair. Just like the crypto market today, these creators faced skepticism yet created lasting work that defined their era. Instead of crumbling under pressure, they used hard times to innovate. Metaphorically speaking, Bitcoinβs current dip might serve as a canvas, preparing the market for a bold resurgence, painting a vibrant picture on the economic landscape ahead.