The last two years of crypto price declines were expected because we saw a Bitcoin halving in 2024. We know that the price of Bitcoin increases in the year following the halving, but unlike 2021, we did not see a lot of altcoins in this cycle. However, we may have to wait another 18 months for a price increase. However, if we have already seen the lowest price of Bitcoin in this cycle, then in the next bull market, we can probably see the price of Bitcoin increase by 3 times the previous ATH.
Bitcoin reached $126k in 10 2025 and has been declining ever since. That means the bear market has only lasted a little over 8 month so far.
This bear market was predicted, but the problem is that many people dont want to believe it. They bought into the this time is different narrative, which is why so many were caught off guard by this drop.
We do not need to wait another 18 month because, based on previous cycles, bear market is already entering its final stage. Bitcoin will recover soon, but it will probably take much longer before it sets a new ATH.
Finally, I doubt Bitcoin will reach $350k in the next bull market.