Bitcoin’s 2025 Bull Run Is Over, Expert Asserts—But 2026 Will Surprise
Posted On December 4, 2025
Alice Liu, Head of Research at CoinMarketCap, on Tuesday said that crypto has entered a phase of high fear, high volatility, and cautions that Bitcoin’s (CRYPTO: BTC) next true expansion cycle may not arrive until 2026.
What Happened: In an interview at Blockchain week, Liu pointed to Bitcoin’s recent drop below $85,000, sending the Fear & Greed sentiment gauge plunging to a record-low 11 — “extreme fear.”
The long-anticipated October bull run never materialized, liquidity remains thin, and prices are moving in exaggerated swings.
Macro …
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