Bitcoin's Bullish Run May Be Over, Experts Predict a Crypto Winter
In a surprising turn of events, the cryptocurrency market is facing a potential shift as prominent figures voice their concerns. Fidelity's Global Macro Director, Jurien Timmer, a long-time Bitcoin advocate, has issued a warning that the latest Bitcoin bull run might be coming to an end. But here's where it gets controversial—Timmer suggests that Bitcoin's four-year cycle could be the reason for this bearish outlook.
Timmer's analysis reveals a historical pattern in Bitcoin's price movements, indicating that the current cycle closely resembles previous ones. The October high of approximately $125,000, achieved after 145 months of cumulative growth, seems to fit this pattern. And this is the part most people miss—Bitcoin's bear markets, often termed 'winters,' typically span a year, according to Timmer. Consequently, he predicts that 2026 could be a year of stagnation for Bitcoin, following the completion of the latest halving cycle.
In his own words, Timmer stated, 'While I maintain a long-term bullish stance on Bitcoin, I'm concerned that Bitcoin may have concluded another four-year cycle halving phase, both in price and time.' He further elaborates, 'When we visually compare all the bull markets, the October high of $125k after 145 months aligns remarkably well with expectations. Given that Bitcoin winters have historically lasted around a year, I anticipate that 2026 could be a year of respite for Bitcoin, with support levels between $65,000 and $75,000.'
Timmer also draws attention to gold's impressive performance in 2025, contrasting it with Bitcoin's lackluster year. He doesn't foresee a near-term mean reversion between the two assets. Gold, he notes, is in a strong bull market, surging roughly 65% year-to-date, outpacing global money supply growth. Even during the recent correction, gold retained most of its gains, a typical trait of a robust bull market.
In other news, the Oracle-TikTok deal has provided a boost to AI mining stocks and Bitcoin's price, which has risen above $88,000. Oracle shares soared 6% in pre-market trading on Friday, as TikTok's U.S. joint venture agreement alleviated AI bubble concerns after a turbulent macro week.
As the crypto market navigates this potential winter, the question remains: Will Bitcoin's price recover swiftly, or will it face a prolonged period of stagnation? Feel free to share your thoughts and predictions in the comments below!
