The current Bitcoin cycle looks different from past ones. According to a crypto analyst, identified as PlanC, instead of sudden drops and fast recoveries like in 2017, the Bitcoin market may move sideways for longer periods during this cycle. The big question is: Is the bull run of BTC over?
2024 was a fantastic year for the BTC market. In 2024, the market experienced a growth of at least 121.1% – though slightly lower than the 155.4% growth of 2023, it was far better than the -64.3% change in 2022. In late 2024, the market achieved the milestone of $100K.
Between November 19, 2024, and February 23, 2025, the market remained within the range of $91,977 and $106,173. On February 24, with a single-day drop of 4.95%, the market slipped below this range. Currently, the Bitcoin price remains at $83,199 – which is at least 31% below the all-time high.
According to PlanC, this cycle has fewer sharp corrections and more time-based consolidations. He predicts that unlike 2017, the BTC market may move sideways for longer periods during this cycle.
PlanC notes that if the market moves sideways for too long, short-term traders looking for quick gains may leave the market early.
The crypto analysts believe that the current trend could cause uncertainties in the BTC market.
However, highlighting that long consolidations can build stronger price support levels, PlanC suggests that the current trend could lead to a more sustainable market cycle.
Another analyst, identified as Cryptoshi, notes that had the Bitcoin market rapidly risen to $130K or $140K, it would have marked the end of the cycle.
Currently, the Bitcoin price remains at $83,199 – which is at least 31% below the all-time high.
As per Cryptoshi, a correction to the $80K range indicates that there is more room for growth in the market.
Cryptoshi also supports PlanC’s prediction that the Bitcoin market may experience a slow and steady grind up rather than quick surges.
Interestingly, shifting the spotlight to the evolving nature of the Bitcoin market, a BTC enthusiast, named Leo Ruga, warns that it may be impossible to compare a BTC cycle with past cycles in the future.
In conclusion, Bitcoin’s future remains uncertain. Some experts see a strong foundation forming, while others fear instability. With growing market complexity, crypto investors must decide if Bitcoin is headed for a long-term bull run or a deeper correction.
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