We had high hopes for the bitcoin price in 2025. It was supposed to be the crescendo of the four-year cycle, the most bullish setup in recent memory. It was the year after the halving, the ETFs had just been approved, a new president was elected, with the promise of the money printer roaring back to life. Everything looked primed for a Q4 blow-off top, and instead of a new life in Monaco, all you got was this lousy article.

What follows is my interpretation of the events of 2025 and my outlook for 2026. I’m not a trader, not an analyst, and like you, I’ve been outperforming professional funds for years, by simply stacking Sats, of course. I’m more of a “fix the money, fix the…

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