Oh, do listen! Apparently, David Bailey – a gentleman who advises that rather⦠colourful former President Trump, and runs Bitcoin Magazine, no less – has decreed that bear markets are, well, passĆ©. Quite. He envisions a relentlessly upward trajectory for Bitcoin, fuelled by the rather vulgar influx of āinstitutional adoption.ā Honestly, the thought! It’s all frightfully exciting, isn’t it? Or is it?
Naturally, one is immediately beset by a chorus of dissenting voices. Several industry āexpertsā – a term one uses with a certain cynical detachment – are muttering darkly about continued, or even upcoming, bear markets. How dreadfully predictable.
Mr. Bailey, in a recent pronouncement on that rather beastly X platform, suggested that the entire financial world – sovereign nations, banks, even insurance companies – will presently be clamouring for a piece of the Bitcoin action. āThe process has already begun in earnest,ā he trills, āyet we havenāt even captured 0.01% of the TAM.ā Good heavens! One does hope they have adequate hatboxes for all that digital currency. š
He practically declaimed, āThereās not going to be another Bitcoin bear market for several years.ā A bold statement, wouldn’t you agree? Rather like promising eternal sunshine in November.
Bear Market to End in BitcoinĀ
And joining Mr. Baileyās optimistic chorus is Ryan McMillin, from Merkle Tree Capital. He posits that Bitcoin might follow the illustrious example of gold post-2000, experiencing a mere eight years of unadulterated bullishness⦠and no pesky bear markets, naturally. Heās rather astute, isnāt he? āIf this structure persists,ā he observes, āthen there is no bear market; there will be regular corrections, which are great buying opportunities.ā A jolly good sentiment, for anyone with deep pockets and a complete lack of nerves. š
Experts Who Foresee Bearish Market in BTC
However, let us not be entirely swept away by euphoria. John Glover, from Ledn (a rather mysterious entity, if you ask me), forecasts a bear market in 2026, despite predicting a rise to $140,000 by 2025. A charmingly contradictory pronouncement. And Kadan Stadelmann, of Komodo Platform, advises a swift acquisition of BTC within the next six months, before the inevitable descent. Rather melodramatic, don’t you think? š
There are, apparently, others who share this⦠pessimistic outlook. One suspects, naturally, that they’re simply not as well-connected as Mr. Bailey. Or perhaps they just have a more realistic grasp on the inherent volatility of these modern financial fancies. š§
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2025-08-26 08:08