Been looking back at some of the bitcoin price prediction discussions from early 2025, and it's interesting how much the focus was on demand metrics. There was this whole narrative around whales and ETFs accumulating through Q4 2024, with demand running at like 62,000 BTC per month. The analysis suggested if BTC could break above $116,000, we'd see a push toward $200,000 by end of 2025. Obviously that didn't quite play out the way people expected - we're sitting around $80K now in May 2026. But what's wild is how similar these demand patterns keep showing up in different market cycles. The whale accumulation and ETF buying were real signals, just the timing and magnitude were off. Guess that's crypto - the fundamentals can be solid but price discovery is still messy. Anyway, curious if we're setting up for another one of these cycles.

BTC-0.75%
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