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Bitcoin this year has been relatively uneventful. Although it once surged to $125,000, setting a new all-time high, the yearly close still shows a slight decline. Throughout 2025, BTC has mainly oscillated around $100,000, with sideways consolidation appearing somewhat powerless—traditional assets like silver, gold, and the S&P 500 seem to perform better.
This is interesting. According to historical standards, everyone says 2025 is a bull year. But from a different perspective, this might not be a true bull market at all, but rather a bear market disguised as a bull. The real big move may still be ahead.
The key point lies in the condition of loose liquidity. If it persists, 2026 could become a historically significant rally. Instead of obsessing over the present, it's better to stay committed and continue accumulating. New highs will come, it's just a matter of time.