- 30% that we will have a heavily bearish next year. I would consider everything significantly (10% less) below the 2021 ATH (69k) as "heavily bearish". In short: a fall below 60k. This could happen for example if Strategy really runs into difficulties (unlikely in 2025/26, but may become a fear for 2028+). Or if another big 2022 style hack occurs. Or if Tether falls.
- 25% lightly bearish scenarios, like a dip into the 60-75k territory and then a very slow recovery.
- 25% that the bull market will continue and until early 2026 we'll see 100k+ prices again.
- 20% of a sideways scenario, either in the current region (around 75-90ish k) or a bit higher (e.g. around 100k). The argument for this scenario is that there may be neither overwhelmingly positive nor negative trends in adoption. And it would be basically a continuation of the lowering volatility pattern.
Definitely too bearish for my taste

IMO there's literally not a single reason apart from maybe a stock market crash that would explain a heavily bearish scenario. You gave it 30%? Why?
Also, to me a 75-90k is not a real sideways scenario. We've made it above 90k just days after you've posted it. There's really high chance that we'll go over 100k next year in a sideways scenario.
For me a sideways market is any price below the ATH, so going to 126k and getiong rejected back to 100k is a sideways market, not a bull market.
Personally, I'd give it maybe 10% of a 50% crash from the ATH.
40% that this is going to be a sideways year with price ranging from 70k at the lows to the ATH, but not breaking it.
50% that we'll make a new high in 2026.
That said, of course 80k is a great price to buy, especially that we've reached all time lows in extreme fear, the levels seen during the FTX collapse. You rarely get an opprtunity like that.