Experts note that the current Bitcoin cycle differs from previous ones, with potential long consolidations instead of sharp corrections like in 2017.
Bull Market: How Is It Different from 2017?
2024 was a successful year for BTC, with prices increasing by 121.1%, though lower than 2023's results, it outperformed the -64.3% in 2022. Later, Bitcoin reached $100K. Between November 2024 and February 2025, the market ranged between $91,977 and $106,173. Currently, the price has dropped to $83,199, 31% below the all-time high. Analyst PlanC notes fewer sharp corrections and more time-based consolidations in this cycle.
BTC Investor Fear and Market Psychology
PlanC highlights that prolonged sideways movements may deter short-term traders. However, long consolidations can lead to stronger price support levels and a more sustainable market.
Bitcoin Often Moves Against Expectations
Analyst Cryptoshi claims that if prices had surged to $130K or $140K, the cycle would have ended. The current price of $83,199 suggests more growth opportunities. Cryptoshi aligns with PlanC's prediction of a slow but steady upward trend rather than quick surges.
Bitcoin's future remains uncertain. While some experts see a strong foundation forming, others fear instability. Investors must decide if Bitcoin is headed for a sustained bull run or a deeper correction.
