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The price of Bitcoin seems to be losing steam, which may mean that the most optimistic predictions for the end of 2025 may not materialize this year.
However, analysts are divided on whether Bitcoin (BTC) will see renewed momentum in 2026.
“We don’t expect the crypto to drop above $125K USD in 2025,” ShapeShift analyst Houston Morgan said in comments seen by Cointelegraph. That target is just below Bitcoin’s October 4, all-time high of just over $126,000.
Morgan said that Bitcoin would need to break away from its current correlation with the announcements made by US President Donald Trump before another bull run could occur.
It comes as Bitcoin sales intensify on Tuesday as BTC abruptly it fell to a 4-month low of $100,800. Bitfinex Analysts he said On Tuesday that “persistent distribution by long-term holders of Bitcoin continues to exert structural pressure on the market.”
Bitcoin Analysts Point to ‘Broader Signs of Exhaustion’
Bitfinex analysts said “this sustained flow aligns with broader signs of exhaustion visible across the market, as long-term holders continue to unload on waning demand.”
They warned that if Bitcoin doesn’t bounce back quickly to recent levels above $116,000, it could face further downside as the year comes to a close.
“Unless price recovers decisively above this range, the weather becomes a tailwind for bulls, as prolonged stagnation historically erodes sentiment and increases the risk of forced distribution.”
A Crypto Fear & Greed Indexwhich measures the general sentiment of the crypto market, fell by half to a score of 21 out of 100 on Tuesday, showing that the market was in “Extreme Fear”.
Bitcoin’s current price weakness contrasts significantly with recent calls for an explosive upside. Only weeks ago, prominent Bitcoin advocates suggested that the asset could even reach $250,000 before the end of the year.
Bitcoiners aim for $250,000 by the end of the year
Talking about the Bankless podcast in early OctoberBitMine president Tom Lee and BitMEX co-founder Arthur Hayes said they remain confident that Bitcoin can hit between $200,000 and $250,000 by the end of the year, a prediction they’ve held for most of this year.
Related: Bitcoin falls below $101K: Analysts say BTC is ‘underpriced’ based on fundamentals
However, Galaxy Digital CEO Mike Novogratz said the planets would almost have to align for Bitcoin to get there price at the end of the year.
Analysts are divided on how Bitcoin will be played in 2026. Bitwise chief investment officer Matt Hougan tipped in July that 2026 would be an “up year” for Bitcoin.
However, financial analyst Andrew Lokenauth he said in a post X on Tuesday that “2026 will probably be a bear market, similar to previous midterm years.”
It was only recently the veteran trader Peter Brandt point that Bitcoin could head for above levels of $60,000.
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