Bitcoin had a phenomenal year that started after 2024\u2019s US presidential elections and culminated in early October with a surge to a new all-time high of over $126,000. The asset also spent several consecutive months within a six-digit price territory, and it enjoyed a healthy demand for the spot Bitcoin ETFs alongside different sorts of adoption.<\/p>\n
However, the landscape since that aforementioned new peak has been quite different. Its price tumbled by over 30% and sits well below $90,000 as of press time. As such, the sentiment has flipped to mostly bearish, with numerous analysts calling<\/a> for the start of a new such phase. Merlijn The Trader, though, sees things differently.<\/p>\n BREAKING:<\/p>\n THIS ISN\u2019T A CRASH. Raoul Pal just spelled it out:<\/p>\n The old 4-year halving cycle is over. For 15 years the script was simple: That ended when $125B+ ETFs,\u2026 pic.twitter.com\/zlwY1jQ5Lv<\/a><\/p>\n \u2014 Merlijn The Trader (@MerlijnTrader) December 19, 2025<\/a><\/p>\n\n Citing a recent interview by Raoul Pal, in which he argued that the four-year cycle narrative is over<\/a> and BTC is now driven by liquidity as it explains 90% of its price action, Merlijn explained that the asset\u2019s initial phase has ended when ETFs, sovereigns, and macro funds turned it into a global commodity.<\/p>\n Further, both noted that they aim to trade liquidity, not calendars, and outlined the significant changes coming for next year:<\/p>\n \u2013 Business cycle bottoming<\/p>\n \u2013 Fiscal stimulus loading<\/p>\n \u2013 Global money printer warming up<\/p>\n \u2013 Institutions forced to chase<\/p>\n Merlijn concluded that corrections are not the end of the bull markets anymore: instead, he called them \u201cslingshots.\u201d Consequently, he warned traders that they need to adapt to the new BTC cycle version:<\/p>\n \u201cTrade like it\u2019s the old cycle that no longer exists.<\/p>\n Or position for the exponential curve already in motion.\u201d<\/p>\n Given the price movements over the past couple of months, it\u2019s difficult to speculate about massive increases in 2026. However, pseudonymous analyst Wise Crypto recently did that and highlighted<\/a> a mindblowing target of up to $600,000 next year if all factors align in a perfect crypto storm.<\/p>\n Some of those include the highly anticipated end to the Fed\u2019s quantitative tightening, additional rate cuts, improving short-term liquidity through Treasury bill support, and the US mid-term election cycle, all of which should lean in favor of risk assets.<\/p>\n The post Bitcoin Is Not Crashing, It\u2019s Coiling: Analyst Predicts Massive BTC Breakout Next<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin had a phenomenal year that started after 2024\u2019s US presidential elections and culminated in early October with a surge to a new all-time high of over $126,000. The asset also spent several consecutive months within a six-digit price territory, and it enjoyed a healthy demand for the spot Bitcoin ETFs alongside different sorts of […]<\/p>\n","protected":false},"author":0,"featured_media":121721,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-121720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/121720"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=121720"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/121720\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/121721"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=121720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=121720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=121720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nIT\u2019S A COIL.<\/p>\n
\nWe\u2019re in a liquidity-driven supercycle.<\/p>\n
\nHalving. Supply shock. Retail mania. Top. Winter.<\/p>\nCoiling, Not Crashing<\/h2>\n
$600K in 2026?<\/h2>\n