Early morning forecast: Bitcoin has not yet entered a bull market

Jan3 founder Samson Mo expressed his view that the price of Bitcoin has not yet reached bull market levels and is more likely to be simply “outpacing inflation.” He emphasized that a real bullish momentum could emerge in the future, when Bitcoin could skyrocket to $1 million. However, according to the analyst, this jump will be short-term and not gradual.

Source Incrypted

Mo also noted that there is currently active selling by long-term holders in the Bitcoin market, driven by fears of wealthy investors selling when prices exceed $100,000. These facts indicate that the market is still immature and that Bitcoin has not actually changed during 2025.

At the end of 2025, Bitcoin fell below $100,000 for the first time since June, sparking debate among experts as to whether this was simply a correction or the beginning of a larger decline. The market is expected to peak in 2026 if traditional cryptocurrency cycles are followed.