2026: A surprisingly quick resumption of the bullish trajectory?

[Puzzled_bystander]

Many analysts have come up with bearish outlooks for the medium term. Admittedly, the chart currently looks terrible. But if we play the devil's advocate: What factors could enable a relatively speedy recovery and transition back to a bull-market? What arguments could be made for a quick resumption of a bullish trend, and in spite of previous cycle performances, which often saw many months of boring sideways action? Here are few superficial thoughts.

With perhaps the exception of the monthly reading (which is, RSI values have reached extremely oversold territory on virtually every time frame, after a steep final decline and following a very long prior period of decline. As for the fear and greed index, these levels are equally ridiculously low. Without a catastrophic macroeconomic event, I believe it will be difficult to undercut these values any further.
 
The operator of the YouTube channel Bitcoin Hyper points out that two newly created significant CME liquidity gaps are currently hovering at price levels of 80K and 100K, respectively, arguing that these act as a magnet in the short term price discovery process.
 
Another factor that comes to mind and which could support an acceleration of the current consolidation phase is the existence of BTC ETFs in the US market. If I remember correctly, these were introduced in early 2024. Unlike during previous major price crashes, these floodgates are now firmly in place and should allow for rapid absorption of large amounts of capital.
 
The recent market crash of BTC has been noticed by a large and diverse audience around the world, as a strong spike in searches for Bitcoin on Google illustrates. It stands to reason that some of this attention will lead to a (re)allocation of capital into BTC and cryptocurrencies.

Last but not least, gold and silver have passed their peak, for the time being. Whilst these are much larger markets, they have not fallen as sharply as BTC and cryptocurrencies. The latter applies even more to the stock markets. If BTC manages to reverse the trend and regain upward momentum before a significant downturn in the stock markets, the long-awaited decoupling between these two spheres could occur - a phenomenon that would by itself constitute rocket-fuel for a nascent bull market and which might even burn through a global economic recession in the absence of a Covid-style market rout.

One could speculate in this broader context that the holders and investors who chose not to sell their BTC during the latest dump, or are beginning to invest now, can be presumed to be relatively insensitive to or hardened against volatility in other markets, at least compared to participants who were flushed out by the flash crash.

What do others here think? Your arguments and counter-arguments would be appreciated.