2025 was an unusual year. Bitcoin made all time highs throughout the year, culminating above $126,000 on October 6th. It then dumped hard for about 6 weeks. It has now stayed steady in the 80s for over a month. Ended the year -6% which is interesting because ending in the red for 2025 technically ends the history of repeating 4 year cycles. So the optimistic view would be that a 2 year bear market coming is no longer a given. 2026 is a midterm election year so I would expect some crypto pandering to happen. We'll see.