Bitcoin reached new all-time highs in October, yet Jan3 founder Samson Mow has described the year as a “bear market” and anticipates a major bull run ahead.
Bitcoin hit new all-time highs in October, but Jan3 founder Samson Mow has described 2025 as a “bear market,” arguing the past year may mark the reset before a much longer rally.
However, other analysts have argued that Bitcoin’s (BTC) all-time high of $125,100 in October marked the cycle high and 2026 could be the start of a new bear market.
“2025 was the bear market,” Mow said in an X post on Friday, adding that Bitcoin may be about to record a “decade long bull run.” Mow has previously argued that sideways price action, declining sentiment and underperformance relative to expectations can still constitute a bear market, even if headline prices remain elevated.
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