The sideways market of 2025.
The year 2025 is truly unique for the market - we did not experience exponential growth or a significant decline; instead, we were essentially stagnant throughout the year, even despite new ATH updates. BTC, having fallen by 35% from its peak in October, is trading at about the same levels it started at the beginning of 2025.
This significantly disrupts potential cycles, as we either have a year of decline or a year of strong growth. It is quite likely that we should reconsider the potential structure of cycles.
There are many reasons - ranging from ETFs and centralization to gradual regulation and increased interest in the asset worldwide.
The year 2025 is truly unique for the market - we did not experience exponential growth or a significant decline; instead, we were essentially stagnant throughout the year, even despite new ATH updates. BTC, having fallen by 35% from its peak in October, is trading at about the same levels it started at the beginning of 2025.
This significantly disrupts potential cycles, as we either have a year of decline or a year of strong growth. It is quite likely that we should reconsider the potential structure of cycles.
There are many reasons - ranging from ETFs and centralization to gradual regulation and increased interest in the asset worldwide.