Bitcoin May Enter Ten-Year Bull Run After 2025 Bear Market: Samson Mow

Bitcoin may be on the verge of a bull market that could extend into the next decade, according to Jan3 founder Samson Mou.
Key Takeaways:
Samson Mow and Plancy They argue that 2025 has marked a latent bear market, setting the stage for a Bitcoin bull run.
Other analysts remain skeptical, warning that Bitcoin's peak of $125,100 indicates a new bear market.
Bitcoin is coming off a rare down year that some see as a historic setback.
In a post on X on Friday, he stated that 2025 effectively served as Bitcoin's bear market and that the situation is now in place for continued growth through 2035. “2025 was a bear market,” Mow wrote.
His view was echoed by analyst Plan, who said investors who had endured the year had weathered the worst of the cycle.
Analysts Warn Bitcoin's $125K Peak Could Signal New Bear Market in 2026
The outlook is in stark contrast to other forecasts, which include October's all-time high of $125,100 for the current cycle high.
Some analysts argue that 2026 could usher in a new bear market as macro conditions tighten and speculative demand fades.
Bitcoin is currently trading at around $87,200, down about 9% since the beginning of the year, according to CoinMarketCap.
The asset is on pace to close the year in the red, a rarity in Bitcoin trading history. Plancy noted that bitcoin has never posted two consecutive annual declines, making the current weakness more of an anomaly than a trend reversal.
Price performance fell short of lofty forecasts at the start of the year.
In October, BitMEX co-founder Arthur Hayes and BitMine chairman Tom Lee suggested that bitcoin could still climb to $250,000 before the end of the year.
Instead, Bitcoin is down 3% over the past 30 days, with sentiment continuing to bearish through December.
Market psychology reflects that pressure. The Crypto Fear and Greed Index fell to a reading of 20 out of 100 on December 26, extending the “fear peak” that began at the beginning of the month.
Analysts Warn Bitcoin Could Fall to $60K-65K by 2026
In the year Looking ahead to 2026, the industry remains fragmented. Jurien Timmer, director of global macro research at Fidelity, suggested that 2026 could be a year of pause, with prices heading towards $65,000.
Others are more optimistic. Strategy CEO Fong Le said Bitcoin's fundamentals were weak in 2016 despite weak valuations. Debuted in 2025, Bitwise Chief Investment Officer Matt Hogan said earlier this year that he expects 2026 to be a “big year” for the asset.
According to Linh Tran, market analyst at XS.com, Bitcoin's recent price action highlights market sensitivity to monetary policy expectations rather than underlying economic data.
While U.S. inflation has eased from last year's peak, the latest consumer price index reading of 2.7 percent shows that inflation will remain slow and uneven, “forcing the Fed to adopt a cautious stance, making it difficult to quickly turn to a strong easing cycle,” Tran said in a note shared with Cryptonews.com.
Last week, K33 also said that Bitcoin's long-term sell-side pressure from long-term holders may be nearing the limit after years of continuous distribution.
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