After A Snake-Like 2025, Is The Bitcoin Price Ready to Break Out In 2026?

The author reflects on 2025 as a disappointing year for Bitcoin, characterized by market 'snakes' (sideways movement and downturns) despite high expectations following the halving and ETF approvals. Key setbacks included the 'Knots vs. Core' drama and a Binance technical glitch that triggered selling pressure, trapping the price range-bound.

The outlook for 2026 is highly optimistic, framing it as the year to climb 'ladders.' This optimism is based on favorable conditions: a pro-printing administration, loosening regulation, the conclusion of gold/silver runs, and the end of the Chinese Year of the Snake coinciding with the February CME expiry. Furthermore, long-term holders have capitulated, flushing out weak hands.

The traditional four-year cycle is deemed less relevant than the 'Liquidity Cycle,' supported by the ISM Manufacturing PMI, which is projected to cross 50 in Q2 2026, signaling a business upturn. The massive $9 trillion US Treasury debt wall maturing in 2026, coupled with expected Federal Reserve monetization, suggests a massive liquidity injection akin to the COVID era, but potentially larger. Based on historical models and this liquidity surge, the author predicts a Bitcoin price peak between $250,000 and potentially higher by late 2026 to mid-2027.

(Source：Bitcoin Magazine)