After setting a new all-time high back in early October, the
Bitcoin price entered into an extended downtrend period, losing over $40,000 of its value to drop below $90,000. During this time, sentiment and market participation have understandably been negative, with investors pulling back from the cryptocurrency. However, with the year drawing to an end, a crypto analyst has explained what is expected for Bitcoin next, and why investors aren’t ready for what’s coming.
Why Bitcoin Price Could Be Gearing Up For A Big Move
Pseudonymous analyst Crypto Waterman took to X to outline the reasons why they believe that Bitcoin could be on the verge of a breakout. While many believe that the top is in, Waterman argues the opposite, using the trends from previous cycle tops to show why the Bitcoin price is yet to top.
Why This Is Not The Top
For one, the analyst argues that pullbacks like these are part of each cycle, and the previous cycles were no different. But other than the pullback, there is also the gold and silver trend, with both having hit all-time highs in December 2025, while Bitcoin has continued to struggle.
BTC bears continue to dominate price | Source: BTCUSD on Tradingview.com
