BlockBeats News, December 2nd, Derek Lim, Research Director of the cryptocurrency market maker Caladan, stated that Bitcoin may continue to fluctuate within a range and consolidate between $83,000 and $95,000. However, experts still insist that Bitcoin is currently in a bull market correction phase rather than already in a bear market. This is because unlike the previous cycle peak, “we have not seen widespread frenzy or speculative excess.”
Furthermore, analyst Tim Sun stated that Bitcoin is unlikely to enter a strong upward trend before the end of 2025, and the more realistic scenario is to “work on forming a bottom.” “As long as expectations for the Fed’s loose policy in 2026 are not completely disappointed… this stage is more likely to be a bottoming consolidation phase rather than a new long-term bear market. However, if it drops below $75,000, this prediction will be invalidated and may lead to a deeper decline.” (Decrypt)
