Here’s Why Bitcoin’s ‘Run’ In 2025 Is Nothing Like That Of 2021
Posted On November 25, 2025
Bitcoin’s (CRYPTO: BTC) historical top, bottom, and overall cycle structure are widely misunderstood, which is why the current cycle bears little resemblance to anything traders saw in 2021, a prominent analyst claims.
What Happened: In a new X post, analyst Kevin argues that Bitcoin’s true cycle peak occurred in April 2021, not November.
He notes that nearly every major framework, technical indicators, on-chain signals, macro conditions, money flows, sentiment, and momentum, all topped in April.
The July–November 2021 move, he says, was a classic bear-market rally: low volume, weak inflows, and a failure by most altcoins to make new highs.
He also points …
About The Author
