Even after everything we’ve seen in 2025, Bitcoin hasn’t entered any of the classic “overheated” zones that marked previous cycle tops. The bubble map makes it obvious that we’re nowhere near “TOP” yet.
And the way all this is lining up, it feels like the big, vertical bull-run people were waiting for in 2025 is now expected in 2026 instead.
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Even after everything we’ve seen in 2025, Bitcoin hasn’t entered any of the classic “overheated” zones that marked previous cycle tops. The bubble map makes it obvious that we’re nowhere near “TOP” yet.
And the way all this is lining up, it feels like the big, vertical bull-run people were waiting for in 2025 is now expected in 2026 instead.